Mullaney Keating & Wright Inc. Sells 1,661 Shares of iShares Russell 1000 ETF $IWB

Mullaney Keating & Wright Inc. lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.1% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 51,951 shares of the company’s stock after selling 1,661 shares during the period. iShares Russell 1000 ETF makes up approximately 10.0% of Mullaney Keating & Wright Inc.’s investment portfolio, making the stock its 2nd largest position. Mullaney Keating & Wright Inc.’s holdings in iShares Russell 1000 ETF were worth $18,524,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Asset Dedication LLC raised its position in iShares Russell 1000 ETF by 13.4% in the first quarter. Asset Dedication LLC now owns 6,093 shares of the company’s stock valued at $2,172,000 after purchasing an additional 720 shares during the period. WNY Asset Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the first quarter worth $626,000. Bank of America Corp DE boosted its position in shares of iShares Russell 1000 ETF by 4.9% during the first quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock worth $1,838,275,000 after buying an additional 240,695 shares during the period. Hamilton Wealth LLC acquired a new stake in shares of iShares Russell 1000 ETF in the first quarter valued at $979,000. Finally, Bull Harbor Capital LLC acquired a new stake in shares of iShares Russell 1000 ETF in the first quarter valued at $200,000.

iShares Russell 1000 ETF Trading Up 0.6%

IWB stock opened at $408.38 on Friday. The company has a market capitalization of $48.21 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 12-month low of $340.11 and a 12-month high of $415.11. The business’s fifty day moving average price is $407.56 and its 200 day moving average price is $388.56.

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.