iShares Russell 1000 ETF $IWB Stake Decreased by Sachetta LLC

Sachetta LLC lessened its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 76,520 shares of the company’s stock after selling 1,007 shares during the period. iShares Russell 1000 ETF comprises 10.3% of Sachetta LLC’s investment portfolio, making the stock its largest holding. Sachetta LLC’s holdings in iShares Russell 1000 ETF were worth $25,984,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Rossby Financial LCC bought a new stake in iShares Russell 1000 ETF in the first quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the first quarter worth approximately $28,000. Woodside Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter worth approximately $30,000. Brooklyn Investment Group bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter worth approximately $33,000. Finally, eCIO Inc. purchased a new position in iShares Russell 1000 ETF during the 1st quarter valued at $36,000.

iShares Russell 1000 ETF Stock Up 0.4%

Shares of iShares Russell 1000 ETF stock opened at $368.84 on Tuesday. The stock’s fifty day moving average is $356.48 and its two-hundred day moving average is $332.48. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $369.35. The company has a market capitalization of $43.93 billion, a PE ratio of 24.71 and a beta of 1.01.

iShares Russell 1000 ETF Company 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.