iShares Russell 1000 ETF $IWB Holdings Trimmed by Pitcairn Co.

Pitcairn Co. reduced its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 27.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,968 shares of the company’s stock after selling 24,535 shares during the quarter. iShares Russell 1000 ETF accounts for 1.8% of Pitcairn Co.’s investment portfolio, making the stock its 11th biggest holding. Pitcairn Co. owned about 0.05% of iShares Russell 1000 ETF worth $23,379,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of IWB. Jones Financial Companies Lllp lifted its stake in iShares Russell 1000 ETF by 3.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 11,256,502 shares of the company’s stock worth $4,092,759,000 after acquiring an additional 427,736 shares in the last quarter. Bank of America Corp DE grew its stake in iShares Russell 1000 ETF by 14.9% during the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after acquiring an additional 616,717 shares in the last quarter. M&T Bank Corp lifted its position in shares of iShares Russell 1000 ETF by 4.0% in the second quarter. M&T Bank Corp now owns 2,923,970 shares of the company’s stock worth $992,892,000 after purchasing an additional 112,152 shares in the last quarter. Johnson Investment Counsel Inc. boosted its holdings in shares of iShares Russell 1000 ETF by 1.5% during the third quarter. Johnson Investment Counsel Inc. now owns 1,426,322 shares of the company’s stock worth $521,292,000 after purchasing an additional 21,288 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Russell 1000 ETF by 6.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,370,878 shares of the company’s stock worth $465,509,000 after purchasing an additional 86,539 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $373.45 on Friday. The company has a market capitalization of $46.10 billion, a PE ratio of 24.71 and a beta of 1.01. The company’s 50 day moving average price is $377.20 and its 200 day moving average price is $369.99. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $382.34.

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.