NorthRock Partners LLC Reduces Holdings in iShares Russell 1000 ETF $IWB

NorthRock Partners LLC lessened its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 295,228 shares of the company’s stock after selling 3,034 shares during the quarter. iShares Russell 1000 ETF accounts for about 1.8% of NorthRock Partners LLC’s portfolio, making the stock its 15th largest position. NorthRock Partners LLC’s holdings in iShares Russell 1000 ETF were worth $120,896,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWB. Integrated Wealth Concepts LLC boosted its holdings in iShares Russell 1000 ETF by 7.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 70,239 shares of the company’s stock valued at $28,763,000 after acquiring an additional 4,981 shares during the period. RFG Advisory LLC lifted its position in shares of iShares Russell 1000 ETF by 7.3% during the second quarter. RFG Advisory LLC now owns 1,626 shares of the company’s stock worth $666,000 after purchasing an additional 110 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of iShares Russell 1000 ETF by 2.1% during the second quarter. NewEdge Advisors LLC now owns 128,083 shares of the company’s stock worth $52,450,000 after purchasing an additional 2,685 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in shares of iShares Russell 1000 ETF during the second quarter valued at $3,409,000. Finally, Centerline Wealth Advisors LLC purchased a new stake in shares of iShares Russell 1000 ETF during the second quarter valued at $11,252,000.

iShares Russell 1000 ETF Trading Down 0.6%

NYSEARCA IWB opened at $419.05 on Wednesday. The stock has a market cap of $49.53 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 12 month low of $345.21 and a 12 month high of $426.92. The company’s 50-day moving average price is $415.08 and its 200-day moving average price is $396.85.

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.