FineMark National Bank & Trust Reduces Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

FineMark National Bank & Trust decreased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 72,575 shares of the company’s stock after selling 537 shares during the quarter. iShares Russell 1000 ETF makes up approximately 0.8% of FineMark National Bank & Trust’s portfolio, making the stock its 25th biggest position. FineMark National Bank & Trust owned approximately 0.06% of iShares Russell 1000 ETF worth $23,381,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Citigroup Inc. lifted its position in shares of iShares Russell 1000 ETF by 2.1% during the 3rd quarter. Citigroup Inc. now owns 17,910 shares of the company’s stock worth $5,631,000 after buying an additional 366 shares during the last quarter. Nwam LLC acquired a new stake in iShares Russell 1000 ETF during the 3rd quarter worth $254,000. Larson Financial Group LLC raised its stake in iShares Russell 1000 ETF by 72.1% during the 3rd quarter. Larson Financial Group LLC now owns 1,437 shares of the company’s stock worth $452,000 after acquiring an additional 602 shares in the last quarter. Fisher Asset Management LLC boosted its stake in iShares Russell 1000 ETF by 272.9% in the third quarter. Fisher Asset Management LLC now owns 2,987 shares of the company’s stock valued at $939,000 after acquiring an additional 2,186 shares in the last quarter. Finally, Douglass Winthrop Advisors LLC grew its holdings in shares of iShares Russell 1000 ETF by 4.5% during the third quarter. Douglass Winthrop Advisors LLC now owns 2,132 shares of the company’s stock worth $670,000 after purchasing an additional 92 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB opened at $315.56 on Tuesday. The stock has a market capitalization of $37.76 billion, a P/E ratio of 24.45 and a beta of 1.03. iShares Russell 1000 ETF has a one year low of $271.54 and a one year high of $337.76. The business’s 50-day simple moving average is $325.03 and its 200-day simple moving average is $322.52.

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.