Sequoia Wealth Management LLC trimmed its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 62.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,246 shares of the company’s stock after selling 2,035 shares during the quarter. iShares Russell 1000 ETF makes up about 1.7% of Sequoia Wealth Management LLC’s holdings, making the stock its 19th biggest position. Sequoia Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $222,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in IWB. Envestnet Asset Management Inc. increased its holdings in shares of iShares Russell 1000 ETF by 36.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,101,125 shares of the company’s stock valued at $345,719,000 after acquiring an additional 560,098 shares during the period. Johanson Financial Advisors Inc. boosted its position in shares of iShares Russell 1000 ETF by 17,911.5% during the 4th quarter. Johanson Financial Advisors Inc. now owns 309,258 shares of the company’s stock worth $1,733,000 after purchasing an additional 307,541 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of iShares Russell 1000 ETF by 5.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 6,174,706 shares of the company’s stock worth $1,010,678,000 after purchasing an additional 295,118 shares in the last quarter. Comerica Bank boosted its position in shares of iShares Russell 1000 ETF by 181.7% during the 3rd quarter. Comerica Bank now owns 443,728 shares of the company’s stock worth $73,875,000 after purchasing an additional 286,200 shares in the last quarter. Finally, Emerson Wealth Management LLC boosted its position in shares of iShares Russell 1000 ETF by 30.2% during the 2nd quarter. Emerson Wealth Management LLC now owns 441,610 shares of the company’s stock worth $59,548,000 after purchasing an additional 102,312 shares in the last quarter.

Shares of NYSEARCA IWB traded down $0.23 during trading on Tuesday, hitting $181.66. 7,412 shares of the company were exchanged, compared to its average volume of 992,875. iShares Russell 1000 ETF has a 1 year low of $142.47 and a 1 year high of $181.93. The firm’s fifty day moving average price is $176.90 and its 200 day moving average price is $168.21.

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.8356 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $3.34 annualized dividend and a dividend yield of 1.84%.

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.

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Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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