iShares Russell 1000 ETF $IWB Holdings Cut by Franklin Parlapiano Turner & Welch LLC

Franklin Parlapiano Turner & Welch LLC lowered its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,894 shares of the company’s stock after selling 1,199 shares during the quarter. iShares Russell 1000 ETF accounts for approximately 8.5% of Franklin Parlapiano Turner & Welch LLC’s holdings, making the stock its 3rd biggest holding. Franklin Parlapiano Turner & Welch LLC’s holdings in iShares Russell 1000 ETF were worth $37,631,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. REAP Financial Group LLC purchased a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth about $28,000. Sound Income Strategies LLC purchased a new position in iShares Russell 1000 ETF in the first quarter valued at about $28,000. Advocate Investing Services LLC purchased a new position in iShares Russell 1000 ETF in the fourth quarter valued at about $31,000. Optima Capital LLC acquired a new stake in iShares Russell 1000 ETF during the 4th quarter valued at approximately $32,000. Finally, Wagner Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF during the 1st quarter valued at approximately $32,000.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $423.44 on Monday. iShares Russell 1000 ETF has a 52-week low of $345.21 and a 52-week high of $424.94. The stock’s 50 day moving average is $408.60 and its two-hundred day moving average is $390.05. The company has a market capitalization of $50.05 billion, a PE ratio of 24.71 and a beta of 1.00.

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.