Clark Asset Management LLC Decreases Stock Holdings in iShares Russell 1000 ETF $IWB

Clark Asset Management LLC trimmed its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.3% in the 2nd quarter, Holdings Channel reports. The firm owned 1,247 shares of the company’s stock after selling 30 shares during the period. Clark Asset Management LLC’s holdings in iShares Russell 1000 ETF were worth $423,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Jones Financial Companies Lllp raised its holdings in shares of 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 valued at $3,123,735,000 after purchasing an additional 499,981 shares during the last quarter. Northern Trust Corp raised its holdings in shares of iShares Russell 1000 ETF by 1.3% during the first quarter. Northern Trust Corp now owns 2,717,504 shares of the company’s stock valued at $833,567,000 after purchasing an additional 36,000 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of iShares Russell 1000 ETF by 2.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,880,906 shares of the company’s stock valued at $576,949,000 after purchasing an additional 51,481 shares during the last quarter. Johnson Investment Counsel Inc. raised its holdings in shares of iShares Russell 1000 ETF by 3.3% during the second quarter. Johnson Investment Counsel Inc. now owns 1,405,034 shares of the company’s stock valued at $477,107,000 after purchasing an additional 44,732 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in iShares Russell 1000 ETF by 5.6% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,284,339 shares of the company’s stock valued at $393,958,000 after buying an additional 67,721 shares during the last quarter.

iShares Russell 1000 ETF Trading Up 1.2%

Shares of IWB stock opened at $375.91 on Tuesday. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $376.04. The stock has a market cap of $44.85 billion, a P/E ratio of 24.71 and a beta of 1.01. The company has a 50 day simple moving average of $361.75 and a two-hundred day simple moving average of $339.66.

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.