Trust Point Inc. lowered its stake in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 15.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,868 shares of the company’s stock after selling 8,407 shares during the period. iShares Russell 1000 ETF accounts for approximately 1.6% of Trust Point Inc.’s holdings, making the stock its 10th biggest holding. Trust Point Inc.’s holdings in iShares Russell 1000 ETF were worth $19,192,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Whittier Trust Co. grew its holdings in shares of iShares Russell 1000 ETF by 2.1% during the 4th quarter. Whittier Trust Co. now owns 85,261 shares of the company’s stock worth $32,352,000 after acquiring an additional 1,746 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of iShares Russell 1000 ETF by 20.2% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 13,623 shares of the company’s stock valued at $5,087,000 after purchasing an additional 2,293 shares during the period. Vista Capital Partners Inc. boosted its position in shares of iShares Russell 1000 ETF by 149.0% during the fourth quarter. Vista Capital Partners Inc. now owns 6,026 shares of the company’s stock valued at $2,250,000 after purchasing an additional 3,606 shares in the last quarter. TD Waterhouse Canada Inc. bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $1,344,000. Finally, Ieq Capital LLC boosted its position in shares of iShares Russell 1000 ETF by 8.4% during the fourth quarter. Ieq Capital LLC now owns 487,726 shares of the company’s stock valued at $182,137,000 after purchasing an additional 37,631 shares in the last quarter.
iShares Russell 1000 ETF Stock Up 0.7%
Shares of IWB stock opened at $423.44 on Friday. The business’s fifty day moving average is $408.60 and its 200 day moving average is $389.98. The stock has a market cap of $50.05 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a twelve month low of $345.21 and a twelve month high of $424.94.
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.
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