iShares Russell 1000 ETF $IWB Stock: Enclave Advisors LLC Cuts Stake

Enclave Advisors LLC lessened its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 157,402 shares of the company’s stock after selling 2,503 shares during the quarter. iShares Russell 1000 ETF comprises 8.3% of Enclave Advisors LLC’s portfolio, making the stock its 2nd largest holding. Enclave Advisors LLC owned approximately 0.13% of iShares Russell 1000 ETF worth $65,499,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of iShares Russell 1000 ETF by 4.9% in the first quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock valued at $1,838,275,000 after acquiring an additional 240,695 shares during the period. PNC Financial Services Group Inc. grew its stake in iShares Russell 1000 ETF by 1.4% during the first quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock valued at $830,623,000 after acquiring an additional 32,054 shares in the last quarter. Catalyst Capital Advisors LLC increased its holdings in iShares Russell 1000 ETF by 12.2% during the 1st quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock worth $585,376,000 after acquiring an additional 179,128 shares during the period. Fifth Third Bancorp increased its holdings in iShares Russell 1000 ETF by 145.7% during the 1st quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock worth $303,069,000 after acquiring an additional 504,045 shares during the period. Finally, Cetera Investment Advisers increased its holdings in iShares Russell 1000 ETF by 2.4% during the 1st quarter. Cetera Investment Advisers now owns 361,081 shares of the company’s stock worth $128,747,000 after acquiring an additional 8,550 shares during the period.

iShares Russell 1000 ETF Price Performance

NYSEARCA IWB opened at $424.78 on Wednesday. iShares Russell 1000 ETF has a 1 year low of $345.21 and a 1 year high of $427.04. The stock has a market capitalization of $49.57 billion, a PE ratio of 24.71 and a beta of 1.00. The company’s 50 day simple moving average is $420.28 and its two-hundred day simple moving average is $405.67.

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.