Garde Capital Inc. Sells 7,536 Shares of iShares Russell 1000 ETF $IWB

Garde Capital Inc. decreased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 30.1% during the third quarter, Holdings Channel.com reports. The fund owned 17,542 shares of the company’s stock after selling 7,536 shares during the quarter. Garde Capital Inc.’s holdings in iShares Russell 1000 ETF were worth $6,411,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Focus Partners Wealth boosted its holdings 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 during the period. Bank of America Corp DE increased its holdings in iShares Russell 1000 ETF by 14.9% during the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after purchasing an additional 616,717 shares during the period. Allstate Corp increased its holdings in iShares Russell 1000 ETF by 1,077.8% during the 3rd quarter. Allstate Corp now owns 478,415 shares of the company’s stock valued at $174,851,000 after purchasing an additional 437,794 shares during the period. Jones Financial Companies Lllp raised its position in iShares Russell 1000 ETF by 3.9% during 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 purchasing an additional 427,736 shares during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in iShares Russell 1000 ETF during the 3rd quarter valued at approximately $133,604,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $361.52 on Thursday. The firm has a market cap of $44.63 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $382.34. The business’s 50 day moving average price is $375.52 and its 200-day moving average price is $370.97.

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.