Sandy Spring Bank Lowers Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Sandy Spring Bank lowered its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,809 shares of the company’s stock after selling 1,285 shares during the quarter. Sandy Spring Bank’s holdings in iShares Russell 1000 ETF were worth $9,603,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter valued at approximately $37,000. Crews Bank & Trust bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $37,000. Centricity Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $39,000. Kestra Investment Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $39,000. Finally, Roxbury Financial LLC bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $46,000.

iShares Russell 1000 ETF Price Performance

iShares Russell 1000 ETF stock opened at $310.49 on Thursday. The stock has a market cap of $37.15 billion, a P/E ratio of 24.45 and a beta of 1.03. iShares Russell 1000 ETF has a 1 year low of $271.54 and a 1 year high of $337.76. The firm’s 50 day moving average price is $325.61 and its 200-day moving average price is $322.22.

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.