Rhumbline Advisers Sells 34,755 Shares of iShares Russell 1000 ETF $IWB

Rhumbline Advisers cut its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 25.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 103,401 shares of the company’s stock after selling 34,755 shares during the period. Rhumbline Advisers owned 0.09% of iShares Russell 1000 ETF worth $37,791,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of iShares Russell 1000 ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock worth $58,807,000 after purchasing an additional 6,006 shares during the period. Revolve Wealth Partners LLC increased its position in shares of iShares Russell 1000 ETF by 56.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock valued at $486,000 after buying an additional 542 shares during the period. Concurrent Investment Advisors LLC bought a new position in iShares Russell 1000 ETF in the second quarter worth about $317,000. Vanguard Personalized Indexing Management LLC lifted its holdings in iShares Russell 1000 ETF by 16.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 4,790 shares of the company’s stock worth $1,629,000 after buying an additional 680 shares during the period. Finally, Harbour Investments Inc. boosted its position in iShares Russell 1000 ETF by 10.8% during the 2nd quarter. Harbour Investments Inc. now owns 533 shares of the company’s stock valued at $181,000 after acquiring an additional 52 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $373.74 on Friday. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $382.34. The company has a market capitalization of $46.14 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The business’s 50 day moving average price is $376.76 and its two-hundred day moving average price is $367.51.

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.