iShares Russell 1000 ETF $IWB Shares Sold by Cypress Capital Group

Cypress Capital Group lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 17.6% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 3,680 shares of the company’s stock after selling 784 shares during the period. Cypress Capital Group’s holdings in iShares Russell 1000 ETF were worth $1,250,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Jones Financial Companies Lllp grew its holdings in iShares Russell 1000 ETF by 5.1% during the first 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 period. Northern Trust Corp boosted its position 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 purchasing an additional 36,000 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of iShares Russell 1000 ETF by 2.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,880,906 shares of the company’s stock worth $576,949,000 after purchasing an additional 51,481 shares during the period. Johnson Investment Counsel Inc. grew its stake in shares of 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 worth $477,107,000 after purchasing an additional 44,732 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of 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 valued at $393,958,000 after purchasing an additional 67,721 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA IWB opened at $358.39 on Monday. The company has a market capitalization of $42.59 billion, a PE ratio of 24.71 and a beta of 1.01. The company’s fifty day moving average price is $358.02 and its 200 day moving average price is $333.93. iShares Russell 1000 ETF has a 1 year low of $264.17 and a 1 year high of $369.87.

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.