Davis R M Inc. lowered its stake in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 2.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 58,937 shares of the company’s stock after selling 1,755 shares during the quarter. Davis R M Inc.’s holdings in iShares Russell 1000 ETF were worth $21,015,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. REAP Financial Group LLC bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth $28,000. Sound Income Strategies LLC bought a new stake in iShares Russell 1000 ETF in the 1st quarter valued at $28,000. Advocate Investing Services LLC bought a new stake in iShares Russell 1000 ETF in the 4th quarter valued at $31,000. True Wealth Design LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter worth $32,000. Finally, Optima Capital LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter worth $32,000.
iShares Russell 1000 ETF Trading Down 0.2%
IWB stock opened at $408.71 on Thursday. The stock has a 50-day moving average price of $407.49 and a two-hundred day moving average price of $387.33. The stock has a market cap of $48.27 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1 year low of $340.11 and a 1 year high of $415.11.
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.
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