Peoples Bank OH Reduces Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Peoples Bank OH lowered its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.7% during the fourth quarter, HoldingsChannel reports. The fund owned 13,393 shares of the company’s stock after selling 90 shares during the period. iShares Russell 1000 ETF accounts for about 2.5% of Peoples Bank OH’s investment portfolio, making the stock its 11th biggest holding. Peoples Bank OH’s holdings in iShares Russell 1000 ETF were worth $4,315,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Centricity Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $39,000. Waterfront Wealth Inc. increased its holdings in shares of iShares Russell 1000 ETF by 57.1% in the 4th quarter. Waterfront Wealth Inc. now owns 3,124 shares of the company’s stock valued at $1,006,000 after acquiring an additional 1,136 shares during the last quarter. Jordan Park Group LLC increased its holdings in shares of iShares Russell 1000 ETF by 5.1% in the 4th quarter. Jordan Park Group LLC now owns 188,304 shares of the company’s stock valued at $60,664,000 after acquiring an additional 9,181 shares during the last quarter. Elk River Wealth Management LLC increased its holdings in shares of iShares Russell 1000 ETF by 7.0% in the 4th quarter. Elk River Wealth Management LLC now owns 13,990 shares of the company’s stock valued at $4,507,000 after acquiring an additional 912 shares during the last quarter. Finally, Satovsky Asset Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $202,000.

iShares Russell 1000 ETF Stock Performance

IWB opened at $335.77 on Friday. iShares Russell 1000 ETF has a one year low of $271.54 and a one year high of $337.76. The company has a market cap of $41.22 billion, a P/E ratio of 24.68 and a beta of 1.01. The business’s 50-day simple moving average is $329.52 and its 200-day simple moving average is $319.81.

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.