NewEdge Wealth LLC lowered its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 1.2% in the fourth quarter, Holdings Channel reports. The firm owned 4,650 shares of the company’s stock after selling 57 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Russell 1000 ETF were worth $1,498,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently bought and sold shares of IWB. LPL Financial LLC grew its stake in shares of iShares Russell 1000 ETF by 2.2% in the 3rd quarter. LPL Financial LLC now owns 2,394,007 shares of the company’s stock valued at $752,652,000 after purchasing an additional 52,616 shares during the last quarter. Millburn Ridgefield Corp grew its position in iShares Russell 1000 ETF by 5.1% in the 4th quarter. Millburn Ridgefield Corp now owns 1,605,165 shares of the company’s stock valued at $517,120,000 after buying an additional 77,537 shares during the last quarter. Pathstone Holdings LLC increased its stake in iShares Russell 1000 ETF by 0.4% in the 3rd quarter. Pathstone Holdings LLC now owns 1,147,674 shares of the company’s stock valued at $360,544,000 after buying an additional 4,412 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised its position in iShares Russell 1000 ETF by 398.0% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock worth $313,132,000 after buying an additional 796,000 shares during the last quarter. Finally, CHURCHILL MANAGEMENT Corp lifted its stake in shares of iShares Russell 1000 ETF by 5.8% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 790,933 shares of the company’s stock worth $254,807,000 after acquiring an additional 43,432 shares during the period.
iShares Russell 1000 ETF Stock Up 1.6 %
Shares of iShares Russell 1000 ETF stock opened at $326.39 on Friday. The firm has a market cap of $38.74 billion, a price-to-earnings ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $337.76. The company’s 50-day simple moving average is $329.40 and its 200-day simple moving average is $321.69.
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.
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