Salomon & Ludwin LLC Lowers Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Salomon & Ludwin LLC lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 31.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 290 shares of the company’s stock after selling 133 shares during the quarter. Salomon & Ludwin LLC’s holdings in iShares Russell 1000 ETF were worth $93,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Etesian Wealth Advisors Inc. raised its position in shares of iShares Russell 1000 ETF by 32.0% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock valued at $390,000 after buying an additional 301 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at $51,000. First Citizens Bank & Trust Co. grew its holdings in shares of iShares Russell 1000 ETF by 125.2% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 11,686 shares of the company’s stock valued at $3,674,000 after purchasing an additional 6,497 shares during the last quarter. Windsor Capital Management LLC grew its holdings in shares of iShares Russell 1000 ETF by 5.9% during the 4th quarter. Windsor Capital Management LLC now owns 699 shares of the company’s stock valued at $225,000 after purchasing an additional 39 shares during the last quarter. Finally, Broadview Financial Management LLC grew its holdings in shares of iShares Russell 1000 ETF by 18.6% during the 3rd quarter. Broadview Financial Management LLC now owns 8,391 shares of the company’s stock valued at $2,638,000 after purchasing an additional 1,314 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $336.03 on Friday. iShares Russell 1000 ETF has a 52 week low of $271.54 and a 52 week high of $336.69. The firm’s fifty day moving average is $329.33 and its 200 day moving average is $318.57. The firm has a market cap of $41.25 billion, a P/E ratio of 24.68 and a beta of 1.01.

iShares Russell 1000 ETF 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.