Sachem Hill LLC Sells 2,233 Shares of iShares Russell 1000 ETF $IWB

Sachem Hill LLC lowered its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 88,231 shares of the company’s stock after selling 2,233 shares during the quarter. iShares Russell 1000 ETF comprises approximately 6.1% of Sachem Hill LLC’s investment portfolio, making the stock its 5th biggest holding. Sachem Hill LLC’s holdings in iShares Russell 1000 ETF were worth $31,460,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in IWB. Bank of America Corp DE increased its position in shares of iShares Russell 1000 ETF by 14.9% during the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after acquiring an additional 616,717 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of iShares Russell 1000 ETF by 1.4% during the first quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock worth $830,623,000 after acquiring an additional 32,054 shares during the period. Focus Partners Wealth lifted its position in iShares Russell 1000 ETF by 12.4% in the 4th quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock valued at $730,139,000 after acquiring an additional 215,456 shares in the last quarter. Catalyst Capital Advisors LLC lifted its position in iShares Russell 1000 ETF by 12.2% in the 1st quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock valued at $585,376,000 after acquiring an additional 179,128 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in iShares Russell 1000 ETF by 1.6% in the 4th quarter. JPMorgan Chase & Co. now owns 1,342,895 shares of the company’s stock worth $501,491,000 after purchasing an additional 21,540 shares during the period.

iShares Russell 1000 ETF Trading Down 0.2%

IWB stock opened at $408.71 on Thursday. The stock has a 50-day moving average price of $407.49 and a two-hundred day moving average price of $387.33. The stock has a market cap of $48.27 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1 year low of $340.11 and a 1 year 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.