iShares Russell 1000 ETF $IWB Stake Lowered by Sentinel Wealth Management Inc.

Sentinel Wealth Management Inc. cut its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 51,909 shares of the company’s stock after selling 1,473 shares during the quarter. iShares Russell 1000 ETF makes up 16.1% of Sentinel Wealth Management Inc.’s portfolio, making the stock its biggest holding. Sentinel Wealth Management Inc.’s holdings in iShares Russell 1000 ETF were worth $19,385,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp grew its stake in iShares Russell 1000 ETF by 3.9% in the third 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 in the last quarter. Bank of America Corp DE increased its position in iShares Russell 1000 ETF by 14.9% in the 2nd 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. M&T Bank Corp raised its stake in shares of iShares Russell 1000 ETF by 4.0% during the 2nd quarter. M&T Bank Corp now owns 2,923,970 shares of the company’s stock worth $992,892,000 after purchasing an additional 112,152 shares in the last quarter. Focus Partners Wealth raised its stake in shares of iShares Russell 1000 ETF by 86.1% during the 3rd 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. Finally, Johnson Investment Counsel Inc. lifted its holdings in shares of iShares Russell 1000 ETF by 1.5% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 1,426,322 shares of the company’s stock valued at $521,292,000 after buying an additional 21,288 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA IWB opened at $354.95 on Monday. The stock has a market cap of $43.82 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The business has a 50 day simple moving average of $374.65 and a 200 day simple moving average of $371.15. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $382.34.

iShares Russell 1000 ETF 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.