Huntington National Bank Cuts Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Huntington National Bank trimmed its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 51,904 shares of the company’s stock after selling 687 shares during the quarter. Huntington National Bank’s holdings in iShares Russell 1000 ETF were worth $16,318,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IWB. Kovack Advisors Inc. lifted its holdings in iShares Russell 1000 ETF by 1.3% in the 3rd quarter. Kovack Advisors Inc. now owns 7,882 shares of the company’s stock worth $2,478,000 after buying an additional 100 shares during the period. Oppenheimer & Co. Inc. raised its holdings in shares of iShares Russell 1000 ETF by 5.7% during the third quarter. Oppenheimer & Co. Inc. now owns 3,894 shares of the company’s stock valued at $1,224,000 after acquiring an additional 210 shares in the last quarter. Pinnacle Financial Partners Inc lifted its stake in iShares Russell 1000 ETF by 1.6% in the third quarter. Pinnacle Financial Partners Inc now owns 3,762 shares of the company’s stock worth $1,183,000 after acquiring an additional 60 shares during the period. RMR Capital Management LLC bought a new stake in iShares Russell 1000 ETF in the third quarter valued at $248,000. Finally, Prime Capital Investment Advisors LLC boosted its holdings in iShares Russell 1000 ETF by 0.8% in the third quarter. Prime Capital Investment Advisors LLC now owns 4,402 shares of the company’s stock valued at $1,384,000 after acquiring an additional 36 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $326.66 on Friday. The firm has a 50-day moving average of $314.76 and a 200 day moving average of $302.47. The company has a market cap of $40.10 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1 year low of $245.70 and a 1 year high of $330.43.

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.