King Luther Capital Management Corp lowered its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 5.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,960 shares of the company’s stock after selling 1,275 shares during the period. King Luther Capital Management Corp’s holdings in iShares Russell 1000 ETF were worth $7,457,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Woodside Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the first quarter worth $30,000. Brooklyn Investment Group acquired a new stake in iShares Russell 1000 ETF during the first quarter worth about $33,000. eCIO Inc. acquired a new stake in iShares Russell 1000 ETF during the first quarter worth about $36,000. RMG Wealth Management LLC bought a new position in iShares Russell 1000 ETF in the 2nd quarter valued at about $45,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in iShares Russell 1000 ETF in the 2nd quarter valued at about $49,000.
iShares Russell 1000 ETF Price Performance
Shares of NYSEARCA:IWB opened at $367.60 on Monday. iShares Russell 1000 ETF has a 1 year low of $264.17 and a 1 year high of $377.77. The stock has a market capitalization of $44.26 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The company’s 50 day simple moving average is $365.12 and its 200 day simple moving average is $345.20.
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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