iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. cut its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 8.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,114 shares of the company’s stock after selling 290 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in iShares Russell 1000 ETF were worth $928,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. LRI Investments LLC purchased a new position in shares of iShares Russell 1000 ETF during the first quarter worth $27,000. Transcendent Capital Group LLC lifted its holdings in shares of iShares Russell 1000 ETF by 76.4% in the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after buying an additional 42 shares during the period. Rosenberg Matthew Hamilton boosted its stake in shares of iShares Russell 1000 ETF by 176.7% in the second quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after buying an additional 76 shares during the last quarter. JNBA Financial Advisors acquired a new stake in iShares Russell 1000 ETF during the first quarter worth about $50,000. Finally, Concourse Financial Group Securities Inc. raised its position in iShares Russell 1000 ETF by 164.0% during the first quarter. Concourse Financial Group Securities Inc. now owns 198 shares of the company’s stock valued at $57,000 after acquiring an additional 123 shares in the last quarter.

iShares Russell 1000 ETF Trading Up 0.2 %

Shares of NYSEARCA:IWB opened at $308.43 on Tuesday. iShares Russell 1000 ETF has a 12-month low of $224.41 and a 12-month high of $309.61. The business has a 50 day moving average of $301.24 and a two-hundred day moving average of $292.35. The company has a market capitalization of $37.86 billion, a PE ratio of 24.68 and a beta of 1.01.

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.