Garde Capital Inc. Cuts Stock Holdings in iShares Russell 1000 ETF $IWB

Garde Capital Inc. reduced its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 30.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,542 shares of the company’s stock after selling 7,536 shares during the quarter. Garde Capital Inc.’s holdings in iShares Russell 1000 ETF were worth $6,411,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of IWB. Highline Wealth Partners LLC purchased a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at about $30,000. First Command Advisory Services Inc. bought a new position in iShares Russell 1000 ETF during the 3rd quarter worth approximately $31,000. Capital A Wealth Management LLC purchased a new position in iShares Russell 1000 ETF in the 2nd quarter worth approximately $30,000. Caldwell Trust Co purchased a new position in iShares Russell 1000 ETF in the 2nd quarter worth approximately $30,000. Finally, Absher Wealth Management LLC bought a new stake in iShares Russell 1000 ETF in the third quarter valued at approximately $33,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $361.52 on Thursday. The company has a market capitalization of $44.63 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $382.34. The stock has a 50 day moving average price of $375.52 and a two-hundred day moving average price of $370.97.

About iShares Russell 1000 ETF

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.