Red Door Wealth Management LLC Sells 2,563 Shares of iShares Russell 1000 ETF $IWB

Red Door Wealth Management LLC lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 69.1% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,147 shares of the company’s stock after selling 2,563 shares during the period. Red Door Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $419,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in IWB. Kingstone Capital Partners Texas LLC bought a new stake in shares of iShares Russell 1000 ETF in the 2nd quarter worth approximately $412,262,000. Bank of America Corp DE increased its position in shares of iShares Russell 1000 ETF by 14.9% during the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after purchasing an additional 616,717 shares during the period. Jones Financial Companies Lllp raised 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 purchasing an additional 499,981 shares in the last quarter. Halbert Hargrove Global Advisors LLC lifted its position in iShares Russell 1000 ETF by 2,783.3% in the second quarter. Halbert Hargrove Global Advisors LLC now owns 466,465 shares of the company’s stock worth $158,398,000 after purchasing an additional 450,287 shares during the period. Finally, Orion Porfolio Solutions LLC boosted its stake in iShares Russell 1000 ETF by 506.5% during the second quarter. Orion Porfolio Solutions LLC now owns 302,116 shares of the company’s stock worth $102,590,000 after buying an additional 252,307 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $372.97 on Friday. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $378.00. The firm has a market capitalization of $44.91 billion, a PE ratio of 24.71 and a beta of 1.01. The company’s fifty day moving average price is $370.18 and its two-hundred day moving average price is $356.41.

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.