WASHINGTON TRUST Co Trims Stock Position in iShares Russell 1000 ETF $IWB

WASHINGTON TRUST Co decreased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 195,514 shares of the company’s stock after selling 3,501 shares during the period. iShares Russell 1000 ETF makes up about 2.3% of WASHINGTON TRUST Co’s holdings, making the stock its 12th biggest position. WASHINGTON TRUST Co owned approximately 0.16% of iShares Russell 1000 ETF worth $66,391,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC acquired a new position in shares of iShares Russell 1000 ETF in the 2nd quarter valued at $412,262,000. Jones Financial Companies Lllp increased its position in shares of 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 purchasing an additional 499,981 shares during the last quarter. Halbert Hargrove Global Advisors LLC raised its position in shares of iShares Russell 1000 ETF by 2,783.3% during the 2nd quarter. Halbert Hargrove Global Advisors LLC now owns 466,465 shares of the company’s stock valued at $158,398,000 after acquiring an additional 450,287 shares in the last quarter. Allstate Corp bought a new position in iShares Russell 1000 ETF in the first quarter worth about $105,102,000. Finally, Ieq Capital LLC increased its position in iShares Russell 1000 ETF by 176.0% in the first quarter. Ieq Capital LLC now owns 381,635 shares of the company’s stock worth $117,063,000 after buying an additional 243,360 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB traded down $1.65 on Thursday, hitting $372.74. The company’s stock had a trading volume of 34,610 shares, compared to its average volume of 927,354. The company has a market capitalization of $44.88 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The stock’s 50-day moving average is $366.34 and its two-hundred day moving average is $346.42. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $377.77.

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.