iShares Russell 1000 ETF (NYSEARCA:IWB) Stake Reduced by Glassman Wealth Services

Glassman Wealth Services decreased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,595 shares of the company’s stock after selling 878 shares during the period. iShares Russell 1000 ETF makes up 1.8% of Glassman Wealth Services’ portfolio, making the stock its 11th biggest holding. Glassman Wealth Services’ holdings in iShares Russell 1000 ETF were worth $12,482,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. M&T Bank Corp grew its position in iShares Russell 1000 ETF by 1.1% in the fourth quarter. M&T Bank Corp now owns 2,954,718 shares of the company’s stock worth $774,904,000 after buying an additional 31,595 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares Russell 1000 ETF by 1.8% in the 3rd quarter. LPL Financial LLC now owns 2,249,921 shares of the company’s stock worth $528,529,000 after acquiring an additional 38,800 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of iShares Russell 1000 ETF by 2.2% during the fourth quarter. Wells Fargo & Company MN now owns 1,427,248 shares of the company’s stock worth $374,310,000 after purchasing an additional 30,635 shares during the period. Johnson Investment Counsel Inc. raised its position in shares of iShares Russell 1000 ETF by 2.1% during the fourth quarter. Johnson Investment Counsel Inc. now owns 1,225,799 shares of the company’s stock worth $321,478,000 after purchasing an additional 25,434 shares during the period. Finally, Pathstone Family Office LLC lifted its holdings in shares of iShares Russell 1000 ETF by 2,233.8% during the third quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock valued at $274,904,000 after purchasing an additional 1,119,893 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB traded up $1.87 during trading on Friday, reaching $290.42. The company had a trading volume of 802,034 shares, compared to its average volume of 727,286. The firm’s 50-day simple moving average is $283.76 and its 200 day simple moving average is $270.92. The company has a market cap of $35.65 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $224.41 and a 12-month high of $292.65.

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.