Russell Investments Group Ltd. Sells 44 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Russell Investments Group Ltd. lessened its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 816 shares of the company’s stock after selling 44 shares during the period. Russell Investments Group Ltd.’s holdings in iShares Russell 1000 ETF were worth $263,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of IWB. McIlrath & Eck LLC grew its stake in shares of iShares Russell 1000 ETF by 16.4% during the third quarter. McIlrath & Eck LLC now owns 404 shares of the company’s stock worth $127,000 after buying an additional 57 shares during the last quarter. Tudor Financial Inc. acquired a new position in iShares Russell 1000 ETF in the 3rd quarter worth about $8,020,000. Stock Yards Bank & Trust Co. raised its holdings in iShares Russell 1000 ETF by 35.8% in the 3rd quarter. Stock Yards Bank & Trust Co. now owns 2,122 shares of the company’s stock valued at $667,000 after buying an additional 559 shares during the last quarter. World Investment Advisors LLC boosted its position in iShares Russell 1000 ETF by 44.8% during the 3rd quarter. World Investment Advisors LLC now owns 1,054 shares of the company’s stock worth $331,000 after buying an additional 326 shares during the period. Finally, Broadview Financial Management LLC grew its holdings in iShares Russell 1000 ETF by 18.6% during the 3rd quarter. Broadview Financial Management LLC now owns 8,391 shares of the company’s stock worth $2,638,000 after acquiring an additional 1,314 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $300.29 on Friday. The company has a market capitalization of $37.34 billion, a P/E ratio of 22.96 and a beta of 1.03. The company has a fifty day moving average price of $306.24 and a 200-day moving average price of $319.69. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $337.76.

iShares Russell 1000 ETF 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.