iShares Russell 1000 ETF $IWB Stock Sold by ACT Wealth Management LLC

ACT Wealth Management LLC lessened its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 79,833 shares of the company’s stock after selling 1,625 shares during the quarter. iShares Russell 1000 ETF comprises 9.9% of ACT Wealth Management LLC’s portfolio, making the stock its 3rd largest position. ACT Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $33,221,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IWB. Bank of America Corp DE boosted its position in shares of iShares Russell 1000 ETF by 4.9% in the 1st quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock worth $1,838,275,000 after purchasing an additional 240,695 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in iShares Russell 1000 ETF by 1.4% during the first quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock valued at $830,623,000 after buying an additional 32,054 shares during the last quarter. Focus Partners Wealth raised its stake in iShares Russell 1000 ETF by 12.4% during the fourth quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock valued at $730,139,000 after buying an additional 215,456 shares during the last quarter. Catalyst Capital Advisors LLC boosted its holdings in iShares Russell 1000 ETF by 12.2% in the first quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock worth $585,376,000 after acquiring an additional 179,128 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of iShares Russell 1000 ETF by 1.6% in the fourth quarter. JPMorgan Chase & Co. now owns 1,342,895 shares of the company’s stock worth $501,491,000 after acquiring an additional 21,540 shares during the last quarter.

iShares Russell 1000 ETF Trading Down 0.4%

NYSEARCA IWB opened at $422.52 on Friday. iShares Russell 1000 ETF has a 12 month low of $345.21 and a 12 month high of $427.04. The stock’s fifty day moving average price is $419.68 and its 200-day moving average price is $404.28. The stock has a market cap of $49.20 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.