Waverly Advisors LLC Reduces Stock Holdings in iShares Russell 1000 ETF $IWB

Waverly Advisors LLC lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 319,023 shares of the company’s stock after selling 7,546 shares during the quarter. iShares Russell 1000 ETF accounts for 0.8% of Waverly Advisors LLC’s holdings, making the stock its 17th biggest holding. Waverly Advisors LLC owned approximately 0.27% of iShares Russell 1000 ETF worth $113,751,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of IWB. Bank of America Corp DE lifted its position in iShares Russell 1000 ETF by 14.9% in the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after buying an additional 616,717 shares during the last quarter. Allstate Corp boosted its stake in iShares Russell 1000 ETF by 125.4% during the fourth quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock worth $402,632,000 after buying an additional 599,755 shares during the period. Fifth Third Bancorp increased its position in iShares Russell 1000 ETF by 145.7% during the first quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock valued at $303,069,000 after acquiring an additional 504,045 shares during the last quarter. Millennium Management LLC bought a new position in iShares Russell 1000 ETF during the fourth quarter valued at $169,963,000. Finally, Orion Porfolio Solutions LLC raised its stake in shares of iShares Russell 1000 ETF by 506.5% in the second quarter. Orion Porfolio Solutions LLC now owns 302,116 shares of the company’s stock valued at $102,590,000 after acquiring an additional 252,307 shares during the period.

iShares Russell 1000 ETF Trading Up 0.0%

iShares Russell 1000 ETF stock opened at $404.18 on Friday. The firm has a 50-day moving average price of $407.45 and a 200-day moving average price of $387.65. The firm has a market capitalization of $47.67 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 12-month low of $340.11 and a 12-month high of $415.11.

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.