Thrive Wealth Management LLC Sells 421 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Thrive Wealth Management LLC lessened its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 25.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,204 shares of the company’s stock after selling 421 shares during the quarter. Thrive Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $379,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. LRI Investments LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at $27,000. Transcendent Capital Group LLC raised its position in shares of iShares Russell 1000 ETF by 76.4% during the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after buying an additional 42 shares in the last quarter. Rosenberg Matthew Hamilton raised its position in shares of iShares Russell 1000 ETF by 176.7% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after buying an additional 76 shares in the last quarter. JNBA Financial Advisors purchased a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at $50,000. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter valued at $54,000.

iShares Russell 1000 ETF Trading Up 0.9 %

Shares of iShares Russell 1000 ETF stock traded up $2.95 on Friday, hitting $314.06. 543,997 shares of the company traded hands, compared to its average volume of 824,799. The firm’s 50-day simple moving average is $303.82 and its 200 day simple moving average is $295.14. The company has a market cap of $38.55 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $224.41 and a 12-month high of $314.80.

iShares Russell 1000 ETF Company Profile

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.