TIAA Trust National Association Reduces Stock Position in iShares Russell 1000 ETF $IWB

TIAA Trust National Association lowered its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 684,338 shares of the company’s stock after selling 51,968 shares during the quarter. TIAA Trust National Association’s holdings in iShares Russell 1000 ETF were worth $256,245,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. REAP Financial Group LLC purchased a new stake in iShares Russell 1000 ETF in the fourth quarter worth approximately $28,000. Optima Capital LLC purchased a new stake in iShares Russell 1000 ETF in the fourth quarter worth approximately $32,000. True Wealth Design LLC purchased a new stake in iShares Russell 1000 ETF in the fourth quarter worth approximately $32,000. Allspring Global Investments Holdings LLC boosted its holdings in iShares Russell 1000 ETF by 78.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock worth $43,000 after purchasing an additional 51 shares during the last quarter. Finally, Horizon Investments LLC purchased a new stake in iShares Russell 1000 ETF in the fourth quarter worth approximately $47,000.

iShares Russell 1000 ETF Trading Up 0.3%

IWB opened at $404.06 on Tuesday. iShares Russell 1000 ETF has a 1-year low of $325.31 and a 1-year high of $415.11. The company has a market capitalization of $47.54 billion, a PE ratio of 24.71 and a beta of 1.00. The firm’s 50 day simple moving average is $390.66 and its two-hundred day simple moving average is $379.51.

About iShares Russell 1000 ETF

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.