USA Financial Formulas Cuts Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

USA Financial Formulas lessened its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 13.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 3,203 shares of the company’s stock after selling 486 shares during the quarter. USA Financial Formulas’ holdings in iShares Russell 1000 ETF were worth $1,007,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cresset Asset Management LLC raised its stake in iShares Russell 1000 ETF by 4.1% in the fourth quarter. Cresset Asset Management LLC now owns 37,451 shares of the company’s stock valued at $9,822,000 after buying an additional 1,479 shares in the last quarter. RMB Capital Management LLC lifted its stake in iShares Russell 1000 ETF by 0.7% during the fourth quarter. RMB Capital Management LLC now owns 46,602 shares of the company’s stock worth $12,222,000 after purchasing an additional 333 shares during the last quarter. Pathstone Holdings LLC acquired a new position in iShares Russell 1000 ETF in the fourth quarter valued at approximately $303,994,000. Chilton Investment Co. Inc. boosted its holdings in iShares Russell 1000 ETF by 15.5% in the fourth quarter. Chilton Investment Co. Inc. now owns 24,550 shares of the company’s stock valued at $6,438,000 after purchasing an additional 3,300 shares in the last quarter. Finally, C M Bidwell & Associates Ltd. increased its stake in iShares Russell 1000 ETF by 0.8% in the fourth quarter. C M Bidwell & Associates Ltd. now owns 26,990 shares of the company’s stock valued at $7,078,000 after purchasing an additional 205 shares during the last quarter.

iShares Russell 1000 ETF Trading Up 0.7 %

Shares of NYSEARCA:IWB opened at $316.22 on Thursday. The firm has a 50 day simple moving average of $304.68 and a 200-day simple moving average of $295.77. iShares Russell 1000 ETF has a twelve month low of $224.41 and a twelve month high of $316.47. The company has a market capitalization of $38.82 billion, a PE ratio of 24.68 and a beta of 1.01.

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.