iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Raymond James & Associates

Raymond James & Associates lessened its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 24.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 167,770 shares of the company’s stock after selling 53,072 shares during the period. Raymond James & Associates owned 0.14% of iShares Russell 1000 ETF worth $48,323,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its stake in shares of iShares Russell 1000 ETF by 2.8% during the 4th quarter. Jones Financial Companies Lllp now owns 8,379,815 shares of the company’s stock worth $2,197,690,000 after buying an additional 227,252 shares in the last quarter. Envestnet Asset Management Inc. raised its position in iShares Russell 1000 ETF by 3.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after acquiring an additional 146,971 shares in the last quarter. M&T Bank Corp lifted its holdings in iShares Russell 1000 ETF by 1.1% in the fourth quarter. M&T Bank Corp now owns 2,954,718 shares of the company’s stock valued at $774,904,000 after acquiring an additional 31,595 shares during the period. LPL Financial LLC boosted its position in shares of iShares Russell 1000 ETF by 1.8% during the 3rd quarter. LPL Financial LLC now owns 2,249,921 shares of the company’s stock worth $528,529,000 after purchasing an additional 38,800 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of iShares Russell 1000 ETF by 2.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,427,248 shares of the company’s stock worth $374,310,000 after purchasing an additional 30,635 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB stock traded up $3.31 during midday trading on Friday, hitting $281.14. 459,439 shares of the stock were exchanged, compared to its average volume of 719,669. The stock has a market cap of $34.51 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $221.31 and a fifty-two week high of $288.75. The stock’s 50-day moving average price is $281.65 and its 200-day moving average price is $264.88.

iShares Russell 1000 ETF Company 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.