iShares Russell 1000 ETF $IWB Stock Position Lowered by Mullaney Keating & Wright Inc.

Mullaney Keating & Wright Inc. cut its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 51,951 shares of the company’s stock after selling 1,661 shares during the period. iShares Russell 1000 ETF accounts for about 10.0% of Mullaney Keating & Wright Inc.’s portfolio, making the stock its 2nd largest holding. Mullaney Keating & Wright Inc.’s holdings in iShares Russell 1000 ETF were worth $18,524,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Asset Dedication LLC increased its stake in iShares Russell 1000 ETF by 13.4% during the first quarter. Asset Dedication LLC now owns 6,093 shares of the company’s stock worth $2,172,000 after acquiring an additional 720 shares during the last quarter. WNY Asset Management LLC purchased a new stake in iShares Russell 1000 ETF in the first quarter valued at $626,000. Bank of America Corp DE lifted its stake 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 valued at $1,838,275,000 after purchasing an additional 240,695 shares during the last quarter. Hamilton Wealth LLC acquired a new position in shares of iShares Russell 1000 ETF in the 1st quarter valued at $979,000. Finally, Bull Harbor Capital LLC purchased a new position in shares of iShares Russell 1000 ETF during the 1st quarter worth $200,000.

iShares Russell 1000 ETF Trading Up 0.6%

Shares of NYSEARCA:IWB opened at $408.38 on Friday. The business has a 50-day moving average price of $407.56 and a 200 day moving average price of $388.56. The company has a market capitalization of $48.21 billion, a price-to-earnings 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.

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.