iShares Russell 1000 ETF $IWB Stock: Sachem Hill LLC Cuts Holdings

Sachem Hill LLC lowered its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 80,338 shares of the company’s stock after selling 1,438 shares during the period. iShares Russell 1000 ETF comprises 5.9% of Sachem Hill LLC’s holdings, making the stock its 5th largest holding. Sachem Hill LLC owned about 0.07% of iShares Russell 1000 ETF worth $33,431,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. MCF Advisors LLC raised its position in iShares Russell 1000 ETF by 127.6% during the 2nd quarter. MCF Advisors LLC now owns 66 shares of the company’s stock worth $27,000 after purchasing an additional 37 shares during the last quarter. Planning Strategies Inc. bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter valued at about $30,000. Sound Income Strategies LLC bought a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $28,000. Coppell Advisory Solutions LLC acquired a new stake in shares of iShares Russell 1000 ETF in the second quarter valued at about $36,000. Finally, Wagner Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the first quarter valued at about $32,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB traded down $5.03 during mid-day trading on Wednesday, reaching $419.75. 303,052 shares of the company were exchanged, compared to its average volume of 1,017,917. The business has a 50 day simple moving average of $420.25 and a two-hundred day simple moving average of $406.13. The stock has a market capitalization of $48.98 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 52 week low of $345.21 and a 52 week high of $427.04.

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.