King Luther Capital Management Corp Has $5.16 Million Stake in iShares Russell 1000 ETF $IWB

King Luther Capital Management Corp trimmed its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 28.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 13,810 shares of the company’s stock after selling 5,580 shares during the period. King Luther Capital Management Corp’s holdings in iShares Russell 1000 ETF were worth $5,157,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IWB. Focus Partners Wealth lifted its position in shares of iShares Russell 1000 ETF by 86.1% during the third quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock worth $635,852,000 after purchasing an additional 805,083 shares in the last quarter. Bank of America Corp DE raised its position 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 acquiring an additional 616,717 shares during the last quarter. Allstate Corp raised its position in shares of iShares Russell 1000 ETF by 125.4% during the fourth quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock worth $402,632,000 after acquiring an additional 599,755 shares during the last quarter. Jones Financial Companies Lllp raised its position in shares of iShares Russell 1000 ETF by 3.9% during the third 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 during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of iShares Russell 1000 ETF during the third quarter worth $133,604,000.

iShares Russell 1000 ETF Stock Up 0.6%

IWB stock opened at $411.66 on Friday. The company has a market cap of $48.43 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a twelve month low of $320.46 and a twelve month high of $412.04. The business has a fifty day moving average of $383.35 and a 200-day moving average of $377.46.

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.