Sachem Hill LLC Trims Holdings in iShares Russell 1000 ETF $IWB

Sachem Hill LLC lessened its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.9% in the 3rd quarter, Holdings Channel reports. The firm owned 90,604 shares of the company’s stock after selling 4,687 shares during the period. iShares Russell 1000 ETF accounts for approximately 6.6% of Sachem Hill LLC’s investment portfolio, making the stock its 5th biggest holding. Sachem Hill LLC’s holdings in iShares Russell 1000 ETF were worth $33,114,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Rede Wealth LLC acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at $2,475,000. Americana Partners LLC lifted its holdings in iShares Russell 1000 ETF by 499.6% during the third quarter. Americana Partners LLC now owns 10,930 shares of the company’s stock worth $3,995,000 after acquiring an additional 9,107 shares in the last quarter. Root Financial Partners LLC bought a new position in iShares Russell 1000 ETF during the third quarter worth about $195,000. Matisse Capital acquired a new position in iShares Russell 1000 ETF in the third quarter valued at about $212,000. Finally, Parsons Capital Management Inc. RI increased its holdings in shares of iShares Russell 1000 ETF by 2.6% in the third quarter. Parsons Capital Management Inc. RI now owns 11,673 shares of the company’s stock worth $4,266,000 after acquiring an additional 297 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

NYSEARCA IWB opened at $371.79 on Wednesday. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $381.71. The firm has a market cap of $46.21 billion, a P/E ratio of 24.71 and a beta of 1.01. The stock’s 50-day moving average is $373.58 and its 200-day moving average is $363.53.

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.