MAI Capital Management Sells 2,043 Shares of iShares Russell 1000 ETF $IWB

MAI Capital Management lowered its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,225 shares of the company’s stock after selling 2,043 shares during the quarter. MAI Capital Management owned 0.07% of iShares Russell 1000 ETF worth $28,955,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Jones Financial Companies Lllp raised its position in shares of iShares Russell 1000 ETF by 3.9% in the third quarter. Jones Financial Companies Lllp now owns 11,256,502 shares of the company’s stock worth $4,092,759,000 after acquiring an additional 427,736 shares during the period. Bank of America Corp DE raised 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 during the last quarter. M&T Bank Corp lifted its stake in 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 buying an additional 112,152 shares in the last quarter. Johnson Investment Counsel Inc. increased its stake in iShares Russell 1000 ETF by 1.5% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 1,426,322 shares of the company’s stock worth $521,292,000 after buying an additional 21,288 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Russell 1000 ETF by 6.7% during 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 acquiring an additional 86,539 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $376.70 on Wednesday. The stock has a 50 day moving average price of $376.91 and a 200 day moving average price of $369.08. The stock has a market capitalization of $46.50 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $382.34.

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.