iShares Russell 1000 ETF $IWB Stock Holdings Reduced by Balentine LLC

Balentine LLC lowered its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 74.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 985 shares of the company’s stock after selling 2,883 shares during the quarter. Balentine LLC’s holdings in iShares Russell 1000 ETF were worth $410,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IWB. Allen Investment Management LLC purchased a new position in iShares Russell 1000 ETF during the third quarter valued at approximately $29,579,000. Palisade Asset Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter worth $712,000. Montgomery Financial Services LLC increased its stake in shares of iShares Russell 1000 ETF by 2,833.3% in the third quarter. Montgomery Financial Services LLC now owns 88 shares of the company’s stock worth $37,000 after purchasing an additional 85 shares in the last quarter. Asset Dedication LLC purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter worth $3,074,000. Finally, Plancorp LLC bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at $5,316,000.

iShares Russell 1000 ETF Price Performance

Shares of IWB stock opened at $402.58 on Friday. iShares Russell 1000 ETF has a one year low of $345.21 and a one year high of $427.04. The company’s fifty day moving average price is $418.34 and its 200-day moving average price is $399.39. The company has a market capitalization of $46.58 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.