Sentinel Pension Advisors Inc. Trims Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Sentinel Pension Advisors Inc. cut its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,740 shares of the company’s stock after selling 2,117 shares during the period. iShares Russell 1000 ETF makes up 1.0% of Sentinel Pension Advisors Inc.’s portfolio, making the stock its 18th largest holding. Sentinel Pension Advisors Inc.’s holdings in iShares Russell 1000 ETF were worth $5,393,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IWB. Sound Income Strategies LLC grew its holdings in shares of iShares Russell 1000 ETF by 239.3% in the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after purchasing an additional 67 shares during the last quarter. Winch Advisory Services LLC purchased a new stake in iShares Russell 1000 ETF in the 3rd quarter valued at about $30,000. Clarkston Capital Partners LLC bought a new position in iShares Russell 1000 ETF in the 3rd quarter worth about $32,000. Archer Investment Corp purchased a new position in shares of iShares Russell 1000 ETF during the third quarter worth approximately $37,000. Finally, FSA Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the third quarter valued at approximately $57,000.

iShares Russell 1000 ETF Stock Up 0.2 %

NYSEARCA:IWB traded up $0.65 during mid-day trading on Monday, reaching $320.16. The company’s stock had a trading volume of 849,137 shares, compared to its average volume of 1,077,117. iShares Russell 1000 ETF has a 1 year low of $258.68 and a 1 year high of $336.18. The stock has a fifty day moving average of $327.76 and a 200-day moving average of $313.88. The firm has a market capitalization of $39.30 billion, a PE ratio of 24.68 and a beta of 1.01.

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.