iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by FineMark National Bank & Trust

FineMark National Bank & Trust cut its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.7% during the fourth quarter, HoldingsChannel reports. The firm owned 72,575 shares of the company’s stock after selling 537 shares during the period. iShares Russell 1000 ETF comprises about 0.8% of FineMark National Bank & Trust’s investment portfolio, making the stock its 25th biggest holding. FineMark National Bank & Trust’s holdings in iShares Russell 1000 ETF were worth $23,381,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IWB. Jones Financial Companies Lllp lifted its holdings in shares of iShares Russell 1000 ETF by 5.0% during the fourth quarter. Jones Financial Companies Lllp now owns 9,740,751 shares of the company’s stock worth $3,138,080,000 after purchasing an additional 460,808 shares during the period. LPL Financial LLC raised its position in iShares Russell 1000 ETF by 1.0% during the 4th quarter. LPL Financial LLC now owns 2,417,657 shares of the company’s stock worth $778,873,000 after buying an additional 23,650 shares during the last quarter. Millburn Ridgefield Corp lifted its stake in shares of iShares Russell 1000 ETF by 5.1% in the 4th quarter. Millburn Ridgefield Corp now owns 1,605,165 shares of the company’s stock worth $517,120,000 after acquiring an additional 77,537 shares during the period. Johnson Investment Counsel Inc. boosted its holdings in shares of iShares Russell 1000 ETF by 3.0% in the fourth quarter. Johnson Investment Counsel Inc. now owns 1,329,268 shares of the company’s stock valued at $428,237,000 after acquiring an additional 39,204 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of iShares Russell 1000 ETF by 398.0% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock worth $313,132,000 after acquiring an additional 796,000 shares during the period.

iShares Russell 1000 ETF Stock Up 1.9 %

NYSEARCA IWB opened at $315.56 on Tuesday. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $337.76. The firm has a 50-day moving average price of $325.03 and a 200 day moving average price of $322.52. The stock has a market capitalization of $37.76 billion, a P/E ratio of 24.45 and a beta of 1.03.

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.