Nixon Peabody Trust Co. Sells 5,151 Shares of iShares Russell 1000 ETF $IWB

Nixon Peabody Trust Co. trimmed its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 114,885 shares of the company’s stock after selling 5,151 shares during the period. iShares Russell 1000 ETF comprises about 3.2% of Nixon Peabody Trust Co.’s investment portfolio, making the stock its 8th biggest position. Nixon Peabody Trust Co.’s holdings in iShares Russell 1000 ETF were worth $42,903,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Ignite Planners LLC acquired a new stake in iShares Russell 1000 ETF in the 4th quarter worth $392,000. Axxcess Wealth Management LLC grew its position in iShares Russell 1000 ETF by 7.0% in the 4th quarter. Axxcess Wealth Management LLC now owns 4,979 shares of the company’s stock worth $1,859,000 after purchasing an additional 325 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its position in iShares Russell 1000 ETF by 6.0% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 1,566 shares of the company’s stock worth $585,000 after purchasing an additional 89 shares during the last quarter. Global Retirement Partners LLC grew its position in iShares Russell 1000 ETF by 54.0% in the 4th quarter. Global Retirement Partners LLC now owns 6,549 shares of the company’s stock worth $2,446,000 after purchasing an additional 2,296 shares during the last quarter. Finally, Legacy Financial Group Inc. acquired a new stake in iShares Russell 1000 ETF in the 4th quarter worth $304,000.

iShares Russell 1000 ETF Price Performance

NYSEARCA IWB opened at $406.63 on Friday. The company’s fifty day moving average is $379.81 and its two-hundred day moving average is $376.30. iShares Russell 1000 ETF has a 52-week low of $316.35 and a 52-week high of $408.44. The firm has a market capitalization of $47.84 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.