iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Pitcairn Co.

Pitcairn Co. decreased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 80,580 shares of the company’s stock after selling 985 shares during the period. iShares Russell 1000 ETF comprises approximately 1.5% of Pitcairn Co.’s holdings, making the stock its 12th largest position. Pitcairn Co.’s holdings in iShares Russell 1000 ETF were worth $25,334,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. LRI Investments LLC acquired a new position in shares of iShares Russell 1000 ETF during the first quarter valued at approximately $27,000. Transcendent Capital Group LLC increased its position in shares of iShares Russell 1000 ETF by 76.4% during the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after purchasing an additional 42 shares during the period. Sound Income Strategies LLC increased its position in shares of iShares Russell 1000 ETF by 239.3% during the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after purchasing an additional 67 shares during the period. Winch Advisory Services LLC bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth $30,000. Finally, Clarkston Capital Partners LLC acquired a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at $32,000.

iShares Russell 1000 ETF Stock Up 0.4 %

Shares of IWB stock opened at $328.90 on Friday. The stock has a 50-day simple moving average of $318.08 and a 200 day simple moving average of $304.57. The stock has a market capitalization of $40.37 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $248.88 and a fifty-two week high of $330.43.

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.