iShares Russell 1000 ETF (NYSEARCA:IWB) Position Trimmed by Ballentine Partners LLC

Ballentine Partners LLC reduced its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 228,060 shares of the company’s stock after selling 3,466 shares during the period. iShares Russell 1000 ETF comprises approximately 1.2% of Ballentine Partners LLC’s portfolio, making the stock its 13th largest holding. Ballentine Partners LLC’s holdings in iShares Russell 1000 ETF were worth $71,700,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. LPL Financial LLC raised its stake in iShares Russell 1000 ETF by 1.3% during the second quarter. LPL Financial LLC now owns 2,341,391 shares of the company’s stock worth $696,658,000 after acquiring an additional 29,339 shares during the period. Catalyst Capital Advisors LLC lifted its holdings in shares of iShares Russell 1000 ETF by 5.1% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 1,626,142 shares of the company’s stock worth $483,842,000 after purchasing an additional 78,422 shares during the last quarter. Johnson Investment Counsel Inc. boosted its position in iShares Russell 1000 ETF by 2.3% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,279,068 shares of the company’s stock valued at $380,574,000 after purchasing an additional 28,333 shares during the period. BOKF NA grew its stake in iShares Russell 1000 ETF by 8.9% during the 2nd quarter. BOKF NA now owns 1,260,585 shares of the company’s stock worth $375,074,000 after buying an additional 102,898 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in iShares Russell 1000 ETF by 17.5% during the 1st quarter. Captrust Financial Advisors now owns 968,007 shares of the company’s stock worth $278,815,000 after buying an additional 144,508 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $317.63 on Friday. The stock’s fifty day moving average is $310.21 and its two-hundred day moving average is $298.05. The stock has a market capitalization of $38.99 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1 year low of $224.41 and a 1 year high of $321.24.

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.