iShares Russell 1000 ETF $IWB Shares Sold by First Business Financial Services Inc.

First Business Financial Services Inc. lowered its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 23.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,244 shares of the company’s stock after selling 1,334 shares during the period. First Business Financial Services Inc.’s holdings in iShares Russell 1000 ETF were worth $1,551,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IWB. Bank of America Corp DE lifted its holdings in iShares Russell 1000 ETF by 14.9% in the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after buying an additional 616,717 shares in the last quarter. Halbert Hargrove Global Advisors LLC increased its position in shares of iShares Russell 1000 ETF by 2,783.3% during the second quarter. Halbert Hargrove Global Advisors LLC now owns 466,465 shares of the company’s stock worth $158,398,000 after acquiring an additional 450,287 shares during the last quarter. Allstate Corp lifted its stake in shares of iShares Russell 1000 ETF by 1,077.8% in the third quarter. Allstate Corp now owns 478,415 shares of the company’s stock worth $174,851,000 after acquiring an additional 437,794 shares in the last quarter. Orion Porfolio Solutions LLC boosted its holdings in iShares Russell 1000 ETF by 506.5% in the second quarter. Orion Porfolio Solutions LLC now owns 302,116 shares of the company’s stock valued at $102,590,000 after purchasing an additional 252,307 shares during the last quarter. Finally, M&T Bank Corp boosted its holdings in iShares Russell 1000 ETF by 4.0% in the second quarter. M&T Bank Corp now owns 2,923,970 shares of the company’s stock valued at $992,892,000 after purchasing an additional 112,152 shares during the last quarter.

iShares Russell 1000 ETF Stock Up 1.2%

IWB stock opened at $376.12 on Thursday. The stock’s 50 day moving average is $373.62 and its two-hundred day moving average is $363.62. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $381.71. The company has a market capitalization of $46.75 billion, a PE ratio of 24.71 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.