Ballentine Partners LLC Sells 2,690 Shares of iShares Russell 1000 ETF $IWB

Ballentine Partners LLC cut its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 212,626 shares of the company’s stock after selling 2,690 shares during the period. iShares Russell 1000 ETF accounts for 1.1% of Ballentine Partners LLC’s holdings, making the stock its 16th largest position. Ballentine Partners LLC owned about 0.18% of iShares Russell 1000 ETF worth $77,711,000 as of its most recent filing with the Securities & Exchange Commission.

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

iShares Russell 1000 ETF Stock Up 0.4%

IWB stock opened at $381.28 on Wednesday. The firm has a market cap of $46.63 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $381.73. The company’s 50-day moving average price is $374.73 and its two-hundred day moving average price is $364.80.

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.