Retirement Planning Group cut its holdings in iShares Russell 1000 (NYSEARCA:IWB) by 16.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,272 shares of the company’s stock after selling 870 shares during the period. iShares Russell 1000 makes up approximately 0.2% of Retirement Planning Group’s portfolio, making the stock its 28th biggest position. Retirement Planning Group’s holdings in iShares Russell 1000 were worth $627,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Trustcore Financial Services LLC bought a new position in shares of iShares Russell 1000 in the 4th quarter worth about $143,000. Stonehearth Capital Management LLC bought a new stake in iShares Russell 1000 in the 4th quarter valued at about $156,000. Pin Oak Investment Advisors Inc. bought a new stake in iShares Russell 1000 in the 4th quarter valued at about $177,000. Redmond Asset Management LLC bought a new stake in iShares Russell 1000 in the 4th quarter valued at about $200,000. Finally, Twin Focus Capital Partners LLC bought a new stake in iShares Russell 1000 in the 4th quarter valued at about $201,000.
iShares Russell 1000 traded down $0.22, reaching $151.38, during midday trading on Friday, Marketbeat Ratings reports. The stock had a trading volume of 7,916 shares, compared to its average volume of 1,238,417. iShares Russell 1000 has a 12 month low of $151.10 and a 12 month high of $151.53.
iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.
Receive News & Ratings for iShares Russell 1000 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 and related companies with MarketBeat.com's FREE daily email newsletter.