Rice Partnership LLC Has $14.95 Million Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Rice Partnership LLC reduced its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWBFree Report) by 2.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 46,391 shares of the company’s stock after selling 1,354 shares during the period. iShares Russell 1000 ETF makes up approximately 2.8% of Rice Partnership LLC’s holdings, making the stock its 13th biggest holding. Rice Partnership LLC’s holdings in iShares Russell 1000 ETF were worth $14,945,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC raised its holdings in iShares Russell 1000 ETF by 239.3% during the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after buying an additional 67 shares during the period. Winch Advisory Services LLC acquired a new stake in iShares Russell 1000 ETF during the 3rd quarter worth approximately $30,000. Clarkston Capital Partners LLC acquired a new stake in iShares Russell 1000 ETF during the 3rd quarter worth approximately $32,000. Crews Bank & Trust acquired a new stake in iShares Russell 1000 ETF during the 4th quarter worth approximately $37,000. Finally, Archer Investment Corp acquired a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at approximately $37,000.

iShares Russell 1000 ETF Stock Down 0.5 %

NYSEARCA IWB opened at $332.16 on Monday. iShares Russell 1000 ETF has a 12-month low of $265.70 and a 12-month high of $336.61. The company has a market capitalization of $40.77 billion, a PE ratio of 24.68 and a beta of 1.01. The firm’s 50 day moving average is $329.23 and its 200-day moving average is $316.74.

iShares Russell 1000 ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding IWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 ETF (NYSEARCA:IWBFree Report).

Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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