Legacy Advisors LLC Cuts Holdings in iShares Russell 1000 ETF $IWB

Legacy Advisors LLC lowered its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 66.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 30,467 shares of the company’s stock after selling 59,927 shares during the quarter. iShares Russell 1000 ETF comprises approximately 9.4% of Legacy Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Legacy Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $10,346,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp lifted its stake in shares of iShares Russell 1000 ETF by 5.1% in the first quarter. Jones Financial Companies Lllp now owns 10,240,732 shares of the company’s stock valued at $3,123,735,000 after buying an additional 499,981 shares in the last quarter. Northern Trust Corp raised its holdings 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 worth $833,567,000 after acquiring an additional 36,000 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in 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 acquiring an additional 51,481 shares in the last quarter. Johnson Investment Counsel Inc. boosted its stake in iShares Russell 1000 ETF by 3.3% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,405,034 shares of the company’s stock valued at $477,107,000 after purchasing an additional 44,732 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in iShares Russell 1000 ETF by 5.6% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,284,339 shares of the company’s stock worth $393,958,000 after purchasing an additional 67,721 shares in the last quarter.

iShares Russell 1000 ETF Stock Up 1.5%

Shares of iShares Russell 1000 ETF stock opened at $373.15 on Tuesday. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $377.77. The business has a 50 day moving average price of $365.49 and a 200-day moving average price of $345.72. The company has a market cap of $44.93 billion, a PE ratio of 24.71 and a beta of 1.01.

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.