Franklin Parlapiano Turner & Welch LLC Sells 4,514 Shares of iShares Russell 1000 ETF $IWB

Franklin Parlapiano Turner & Welch LLC lessened its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.5% during the third quarter, Holdings Channel.com reports. The firm owned 96,416 shares of the company’s stock after selling 4,514 shares during the period. iShares Russell 1000 ETF accounts for about 8.9% of Franklin Parlapiano Turner & Welch LLC’s portfolio, making the stock its 4th biggest position. Franklin Parlapiano Turner & Welch LLC’s holdings in iShares Russell 1000 ETF were worth $35,239,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Flow Traders U.S. LLC acquired a new stake in iShares Russell 1000 ETF in the 2nd quarter valued at $1,485,000. Diversified Enterprises LLC acquired a new position in iShares Russell 1000 ETF during the second quarter worth $229,000. Calamos Wealth Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 16.5% in the third quarter. Calamos Wealth Management LLC now owns 10,400 shares of the company’s stock valued at $3,801,000 after buying an additional 1,474 shares in the last quarter. MPS Loria Financial Planners LLC grew its holdings in shares of iShares Russell 1000 ETF by 0.6% during the third quarter. MPS Loria Financial Planners LLC now owns 334,251 shares of the company’s stock valued at $122,162,000 after buying an additional 1,854 shares during the last quarter. Finally, 17 Capital Partners LLC grew its holdings in shares of iShares Russell 1000 ETF by 5.6% during the second quarter. 17 Capital Partners LLC now owns 4,853 shares of the company’s stock valued at $1,648,000 after buying an additional 257 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

IWB opened at $378.22 on Thursday. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $380.48. The firm has a market capitalization of $46.86 billion, a PE ratio of 24.71 and a beta of 1.01. The company’s 50-day moving average is $372.25 and its 200 day moving average is $360.76.

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.