iShares Russell 1000 ETF $IWB is Monument Capital Management’s 7th Largest Position

Monument Capital Management cut its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.2% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,881 shares of the company’s stock after selling 1,466 shares during the period. iShares Russell 1000 ETF comprises approximately 1.7% of Monument Capital Management’s holdings, making the stock its 7th largest position. Monument Capital Management’s holdings in iShares Russell 1000 ETF were worth $6,900,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWB. Patriot Financial Group Insurance Agency LLC grew its holdings in shares of iShares Russell 1000 ETF by 1.6% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 1,878 shares of the company’s stock valued at $686,000 after acquiring an additional 29 shares in the last quarter. Matrix Asset Advisors Inc. NY boosted its position in iShares Russell 1000 ETF by 4.0% during the third quarter. Matrix Asset Advisors Inc. NY now owns 751 shares of the company’s stock valued at $275,000 after purchasing an additional 29 shares during the last quarter. Greenleaf Trust grew its stake in iShares Russell 1000 ETF by 1.0% in the second quarter. Greenleaf Trust now owns 2,969 shares of the company’s stock valued at $1,008,000 after purchasing an additional 30 shares in the last quarter. GM Advisory Group LLC increased its position in iShares Russell 1000 ETF by 0.3% in the 2nd quarter. GM Advisory Group LLC now owns 11,948 shares of the company’s stock worth $4,057,000 after purchasing an additional 30 shares during the last quarter. Finally, Cherrydale Wealth Management LLC increased its position in iShares Russell 1000 ETF by 0.3% in the 3rd quarter. Cherrydale Wealth Management LLC now owns 11,879 shares of the company’s stock worth $4,341,000 after purchasing an additional 32 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $375.53 on Tuesday. The firm has a market cap of $45.21 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $378.00. The stock has a 50-day simple moving average of $370.41 and a 200-day simple moving average of $356.96.

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.