iShares Russell 1000 ETF $IWB Shares Sold by Halbert Hargrove Global Advisors LLC

Halbert Hargrove Global Advisors LLC decreased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 96.0% in the first quarter, Holdings Channel.com reports. The institutional investor owned 18,987 shares of the company’s stock after selling 455,154 shares during the quarter. iShares Russell 1000 ETF comprises about 0.3% of Halbert Hargrove Global Advisors LLC’s holdings, making the stock its 18th biggest position. Halbert Hargrove Global Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $6,770,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IWB. Bank of America Corp DE lifted its stake in iShares Russell 1000 ETF by 14.9% in the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after purchasing an additional 616,717 shares in the last quarter. Focus Partners Wealth grew its position in shares of iShares Russell 1000 ETF by 12.4% in the fourth quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock valued at $730,139,000 after purchasing an additional 215,456 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares Russell 1000 ETF by 1.6% in the fourth quarter. JPMorgan Chase & Co. now owns 1,342,895 shares of the company’s stock valued at $501,491,000 after purchasing an additional 21,540 shares during the last quarter. BOKF NA lifted its position in iShares Russell 1000 ETF by 1.3% during the fourth quarter. BOKF NA now owns 1,297,149 shares of the company’s stock worth $484,407,000 after buying an additional 17,096 shares in the last quarter. Finally, Allstate Corp lifted its position in iShares Russell 1000 ETF by 125.4% during the fourth quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock worth $402,632,000 after buying an additional 599,755 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $406.95 on Tuesday. The stock’s fifty day moving average is $399.89 and its two-hundred day moving average is $382.15. The firm has a market capitalization of $47.88 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a fifty-two week low of $325.31 and a fifty-two week high of $415.11.

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.