iShares Russell 1000 ETF $IWB Shares Sold by Finemark National Bank & Trust

Finemark National Bank & Trust lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,056 shares of the company’s stock after selling 2,374 shares during the quarter. iShares Russell 1000 ETF comprises approximately 0.8% of Finemark National Bank & Trust’s investment portfolio, making the stock its 24th largest holding. Finemark National Bank & Trust’s holdings in iShares Russell 1000 ETF were worth $25,970,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in shares of iShares Russell 1000 ETF by 14.9% during the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after purchasing an additional 616,717 shares during the last quarter. Allstate Corp raised its stake in shares of iShares Russell 1000 ETF by 1,077.8% during the 3rd quarter. Allstate Corp now owns 478,415 shares of the company’s stock worth $174,851,000 after buying an additional 437,794 shares during the period. Jones Financial Companies Lllp grew 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 valued at $4,092,759,000 after acquiring an additional 427,736 shares during the period. Orion Porfolio Solutions LLC raised its position in iShares Russell 1000 ETF by 506.5% during the second quarter. Orion Porfolio Solutions LLC now owns 302,116 shares of the company’s stock worth $102,590,000 after acquiring an additional 252,307 shares during the period. Finally, TIAA Trust National Association lifted its holdings in iShares Russell 1000 ETF by 31.7% during the third quarter. TIAA Trust National Association now owns 736,306 shares of the company’s stock valued at $268,855,000 after purchasing an additional 177,359 shares in the last quarter.

iShares Russell 1000 ETF Trading Down 0.5%

IWB stock opened at $376.26 on Friday. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $382.34. The stock has a market cap of $46.45 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The business’s 50-day moving average is $377.39 and its 200 day moving average is $369.52.

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.