iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Fulton Bank N.A.

Fulton Bank N.A. lessened its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 59.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 2,044 shares of the company’s stock after selling 3,013 shares during the period. Fulton Bank N.A.’s holdings in iShares Russell 1000 ETF were worth $643,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWB. LRI Investments LLC acquired a new position in shares of iShares Russell 1000 ETF in the first quarter valued at approximately $27,000. Transcendent Capital Group LLC raised its stake in shares of iShares Russell 1000 ETF by 76.4% in the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after acquiring an additional 42 shares in the last quarter. Rosenberg Matthew Hamilton boosted its holdings in iShares Russell 1000 ETF by 176.7% in the second quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after purchasing an additional 76 shares during the period. Strategic Financial Concepts LLC acquired a new position in iShares Russell 1000 ETF during the 2nd quarter worth $54,000. Finally, Concourse Financial Group Securities Inc. raised its position in iShares Russell 1000 ETF by 164.0% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 198 shares of the company’s stock valued at $57,000 after purchasing an additional 123 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $313.91 on Wednesday. iShares Russell 1000 ETF has a 1 year low of $224.41 and a 1 year high of $314.80. The stock has a market capitalization of $38.53 billion, a PE ratio of 24.68 and a beta of 1.01. The stock has a 50-day simple moving average of $304.06 and a 200-day simple moving average of $295.44.

iShares Russell 1000 ETF Company 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.