Precedent Wealth Partners LLC Sells 1,711 Shares of iShares Russell 1000 ETF $IWB

Precedent Wealth Partners LLC lowered its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 12.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 12,223 shares of the company’s stock after selling 1,711 shares during the quarter. iShares Russell 1000 ETF accounts for about 1.0% of Precedent Wealth Partners LLC’s investment portfolio, making the stock its 24th largest holding. Precedent Wealth Partners LLC’s holdings in iShares Russell 1000 ETF were worth $4,151,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in IWB. Jones Financial Companies Lllp grew its holdings in iShares Russell 1000 ETF by 5.1% in the 1st quarter. Jones Financial Companies Lllp now owns 10,240,732 shares of the company’s stock worth $3,123,735,000 after acquiring an additional 499,981 shares during the last quarter. Northern Trust Corp grew its holdings in 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. grew its holdings 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 worth $576,949,000 after acquiring an additional 51,481 shares during the last quarter. Catalyst Capital Advisors LLC grew its holdings in iShares Russell 1000 ETF by 5.5% in the 1st quarter. Catalyst Capital Advisors LLC now owns 1,693,608 shares of the company’s stock worth $519,497,000 after acquiring an additional 88,443 shares during the last quarter. Finally, Johnson Investment Counsel Inc. grew its holdings in iShares Russell 1000 ETF by 2.3% in the 1st quarter. Johnson Investment Counsel Inc. now owns 1,360,302 shares of the company’s stock worth $417,259,000 after acquiring an additional 31,034 shares during the last quarter.

iShares Russell 1000 ETF Stock Up 0.0%

Shares of iShares Russell 1000 ETF stock opened at $367.47 on Friday. The firm has a market cap of $44.21 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $369.33. The company’s fifty day simple moving average is $356.10 and its two-hundred day simple moving average is $331.76.

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.