St. Clair Advisors LLC Lowers Stake in iShares Russell 1000 ETF $IWB

St. Clair Advisors LLC cut its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 60.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 12,828 shares of the company’s stock after selling 19,932 shares during the period. iShares Russell 1000 ETF comprises about 1.4% of St. Clair Advisors LLC’s holdings, making the stock its 15th largest position. St. Clair Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $5,253,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Mayport LLC purchased a new stake in iShares Russell 1000 ETF during the fourth quarter worth approximately $878,000. Whittier Trust Co. raised its stake in shares of iShares Russell 1000 ETF by 2.1% in the 4th quarter. Whittier Trust Co. now owns 85,261 shares of the company’s stock valued at $32,352,000 after acquiring an additional 1,746 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of iShares Russell 1000 ETF by 20.2% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 13,623 shares of the company’s stock valued at $5,087,000 after acquiring an additional 2,293 shares during the period. Vista Capital Partners Inc. raised its stake in shares of iShares Russell 1000 ETF by 149.0% in the 4th quarter. Vista Capital Partners Inc. now owns 6,026 shares of the company’s stock valued at $2,250,000 after acquiring an additional 3,606 shares during the period. Finally, TD Waterhouse Canada Inc. acquired a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at $1,344,000.

iShares Russell 1000 ETF Trading Up 1.8%

Shares of iShares Russell 1000 ETF stock opened at $422.16 on Wednesday. The company has a fifty day moving average price of $407.98 and a 200 day moving average price of $389.16. iShares Russell 1000 ETF has a twelve month low of $344.41 and a twelve month high of $423.19. The stock has a market cap of $49.90 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.