iShares Russell 1000 ETF (NYSEARCA:IWB) Position Lessened by HighTower Advisors LLC

HighTower Advisors LLC trimmed its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 483,777 shares of the company’s stock after selling 2,445 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $152,100,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Hilltop Holdings Inc. raised its holdings in shares of iShares Russell 1000 ETF by 2.2% during the third quarter. Hilltop Holdings Inc. now owns 11,406 shares of the company’s stock worth $3,586,000 after acquiring an additional 242 shares in the last quarter. Ascent Group LLC raised its holdings in shares of iShares Russell 1000 ETF by 2.0% during the third quarter. Ascent Group LLC now owns 9,472 shares of the company’s stock worth $2,978,000 after acquiring an additional 182 shares in the last quarter. Benjamin Edwards Inc. purchased a new stake in shares of iShares Russell 1000 ETF during the third quarter worth $1,134,000. FSA Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF during the third quarter worth $57,000. Finally, Rockefeller Capital Management L.P. raised its holdings in iShares Russell 1000 ETF by 1.6% during the third quarter. Rockefeller Capital Management L.P. now owns 113,899 shares of the company’s stock valued at $35,809,000 after buying an additional 1,749 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

NYSEARCA IWB opened at $333.01 on Tuesday. iShares Russell 1000 ETF has a fifty-two week low of $250.07 and a fifty-two week high of $333.42. The stock’s 50-day moving average is $320.58 and its two-hundred day moving average is $306.70. The firm has a market cap of $40.88 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.