iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Rhumbline Advisers

Rhumbline Advisers trimmed its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 26.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 74,028 shares of the company’s stock after selling 25,943 shares during the quarter. Rhumbline Advisers owned approximately 0.06% of iShares Russell 1000 ETF worth $23,849,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Traynor Capital Management Inc. boosted its stake in iShares Russell 1000 ETF by 4.1% during the 4th quarter. Traynor Capital Management Inc. now owns 862 shares of the company’s stock valued at $278,000 after acquiring an additional 34 shares during the last quarter. Lansing Street Advisors boosted its stake in iShares Russell 1000 ETF by 0.3% during the 3rd quarter. Lansing Street Advisors now owns 10,144 shares of the company’s stock valued at $3,189,000 after acquiring an additional 35 shares during the last quarter. Riverpoint Wealth Management Holdings LLC boosted its stake in iShares Russell 1000 ETF by 0.3% during the 3rd quarter. Riverpoint Wealth Management Holdings LLC now owns 10,720 shares of the company’s stock valued at $3,370,000 after acquiring an additional 36 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its position in shares of iShares Russell 1000 ETF by 0.8% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 4,402 shares of the company’s stock worth $1,384,000 after buying an additional 36 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of iShares Russell 1000 ETF by 23.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 196 shares of the company’s stock worth $62,000 after buying an additional 37 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $337.54 on Thursday. The firm’s 50-day moving average is $329.47 and its 200-day moving average is $319.68. iShares Russell 1000 ETF has a 1 year low of $271.54 and a 1 year high of $337.76. The company has a market cap of $41.43 billion, a P/E ratio of 24.68 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.