Lmcg Investments LLC cut its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 27.8% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 8,479 shares of the company’s stock after selling 3,263 shares during the period. Lmcg Investments LLC’s holdings in iShares Russell 1000 ETF were worth $2,879,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Jones Financial Companies Lllp lifted its position in iShares Russell 1000 ETF by 5.1% during the 1st quarter. Jones Financial Companies Lllp now owns 10,240,732 shares of the company’s stock worth $3,123,735,000 after acquiring an additional 499,981 shares in the last quarter. Northern Trust Corp raised its position in shares of iShares Russell 1000 ETF by 1.3% in the 1st quarter. Northern Trust Corp now owns 2,717,504 shares of the company’s stock valued at $833,567,000 after purchasing an additional 36,000 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares Russell 1000 ETF by 2.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,880,906 shares of the company’s stock valued at $576,949,000 after purchasing an additional 51,481 shares in the last quarter. Johnson Investment Counsel Inc. raised its position in shares of iShares Russell 1000 ETF by 2.3% in the 1st quarter. Johnson Investment Counsel Inc. now owns 1,360,302 shares of the company’s stock valued at $417,259,000 after purchasing an additional 31,034 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Russell 1000 ETF by 5.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,284,339 shares of the company’s stock valued at $393,958,000 after purchasing an additional 67,721 shares in the last quarter.
iShares Russell 1000 ETF Stock Down 2.7%
Shares of IWB opened at $358.39 on Friday. The business’s 50 day moving average is $358.02 and its two-hundred day moving average is $333.63. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $369.87. The firm has a market cap of $42.81 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.
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.
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