Gemmer Asset Management LLC Cuts Stock Position in iShares Russell 1000 ETF $IWB

Gemmer Asset Management LLC cut its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,098 shares of the company’s stock after selling 402 shares during the quarter. Gemmer Asset Management LLC’s holdings in iShares Russell 1000 ETF were worth $2,410,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Simplicity Wealth LLC increased its position in shares of iShares Russell 1000 ETF by 37.3% in the second quarter. Simplicity Wealth LLC now owns 2,744 shares of the company’s stock valued at $932,000 after buying an additional 745 shares in the last quarter. OLD National Bancorp IN increased its position in shares of iShares Russell 1000 ETF by 193.5% in the second quarter. OLD National Bancorp IN now owns 45,338 shares of the company’s stock valued at $15,395,000 after buying an additional 29,890 shares in the last quarter. Highland Capital Management LLC increased its position in shares of iShares Russell 1000 ETF by 0.3% in the second quarter. Highland Capital Management LLC now owns 14,021 shares of the company’s stock valued at $4,761,000 after buying an additional 43 shares in the last quarter. Wealthcare Capital Partners LLC purchased a new stake in shares of iShares Russell 1000 ETF in the second quarter valued at approximately $277,000. Finally, Wealthcare Advisory Partners LLC increased its position in shares of iShares Russell 1000 ETF by 16.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 46,149 shares of the company’s stock valued at $15,671,000 after buying an additional 6,639 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

iShares Russell 1000 ETF stock opened at $367.47 on Friday. The stock has a market capitalization of $44.21 billion, a PE 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 $369.33. The business has a 50 day simple moving average of $356.10 and a 200-day simple moving average of $331.91.

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.