Hemenway Trust Co LLC Reduces Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Hemenway Trust Co LLC lessened its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.0% during the 4th quarter, Holdings Channel reports. The fund owned 2,890 shares of the company’s stock after selling 120 shares during the quarter. Hemenway Trust Co LLC’s holdings in iShares Russell 1000 ETF were worth $931,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in iShares Russell 1000 ETF in the 3rd quarter valued at about $3,667,000. Benjamin Edwards Inc. purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at approximately $1,134,000. IHT Wealth Management LLC grew its position in iShares Russell 1000 ETF by 18.7% in the third quarter. IHT Wealth Management LLC now owns 4,402 shares of the company’s stock worth $1,381,000 after acquiring an additional 694 shares during the period. Quantinno Capital Management LP increased its stake in iShares Russell 1000 ETF by 5.8% during the third quarter. Quantinno Capital Management LP now owns 12,969 shares of the company’s stock worth $4,077,000 after acquiring an additional 710 shares during the last quarter. Finally, Stifel Financial Corp raised its position in iShares Russell 1000 ETF by 7.5% in the third quarter. Stifel Financial Corp now owns 200,115 shares of the company’s stock valued at $62,915,000 after purchasing an additional 13,901 shares during the period.

iShares Russell 1000 ETF Stock Down 5.9 %

Shares of iShares Russell 1000 ETF stock opened at $277.41 on Friday. The firm has a market cap of $33.61 billion, a PE ratio of 24.07 and a beta of 1.03. iShares Russell 1000 ETF has a 52 week low of $271.54 and a 52 week high of $337.76. The business’s fifty day simple moving average is $320.46 and its 200-day simple moving average is $322.35.

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.