CoreCap Advisors LLC Sells 4,665 Shares of iShares Russell 1000 ETF $IWB

CoreCap Advisors LLC lowered its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 90.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 478 shares of the company’s stock after selling 4,665 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $175,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in IWB. Bank of America Corp DE lifted its stake in iShares Russell 1000 ETF by 14.9% in the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after buying an additional 616,717 shares during the period. M&T Bank Corp increased its stake in shares of iShares Russell 1000 ETF by 4.0% in the 2nd quarter. M&T Bank Corp now owns 2,923,970 shares of the company’s stock valued at $992,892,000 after acquiring an additional 112,152 shares during the last quarter. Johnson Investment Counsel Inc. raised its position in shares of iShares Russell 1000 ETF by 3.3% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,405,034 shares of the company’s stock valued at $477,107,000 after acquiring an additional 44,732 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Russell 1000 ETF by 6.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,370,878 shares of the company’s stock worth $465,509,000 after acquiring an additional 86,539 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in iShares Russell 1000 ETF by 5.1% during the second quarter. JPMorgan Chase & Co. now owns 1,344,682 shares of the company’s stock valued at $456,614,000 after purchasing an additional 65,170 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB opened at $380.43 on Wednesday. The company has a 50 day moving average price of $372.86 and a two-hundred day moving average price of $362.25. The company has a market capitalization of $46.98 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $381.71.

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.