King Luther Capital Management Corp Sells 2,579 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

King Luther Capital Management Corp lowered its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 10.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,235 shares of the company’s stock after selling 2,579 shares during the period. King Luther Capital Management Corp’s holdings in iShares Russell 1000 ETF were worth $7,127,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IWB. Brighton Jones LLC increased its position in iShares Russell 1000 ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock valued at $58,807,000 after buying an additional 6,006 shares in the last quarter. Revolve Wealth Partners LLC increased its position in iShares Russell 1000 ETF by 56.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock valued at $486,000 after buying an additional 542 shares in the last quarter. Alliancebernstein L.P. increased its position in iShares Russell 1000 ETF by 1.4% during the 4th quarter. Alliancebernstein L.P. now owns 19,073 shares of the company’s stock valued at $6,145,000 after buying an additional 257 shares in the last quarter. Trexquant Investment LP purchased a new stake in iShares Russell 1000 ETF during the 4th quarter valued at $527,000. Finally, Legal & General Group Plc boosted its stake in iShares Russell 1000 ETF by 13.2% during the 4th quarter. Legal & General Group Plc now owns 57,176 shares of the company’s stock valued at $18,432,000 after purchasing an additional 6,651 shares during the last quarter.

iShares Russell 1000 ETF Trading Up 0.7%

Shares of IWB opened at $349.70 on Monday. The business’s fifty day simple moving average is $338.92 and its two-hundred day simple moving average is $322.68. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $351.59. The company has a market cap of $42.00 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.

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.