LGT Financial Advisors LLC Sells 587 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

LGT Financial Advisors LLC reduced its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 32.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,224 shares of the company’s stock after selling 587 shares during the period. iShares Russell 1000 ETF accounts for approximately 0.8% of LGT Financial Advisors LLC’s holdings, making the stock its 28th biggest position. LGT Financial Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $364,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC increased its stake in shares of iShares Russell 1000 ETF by 1.8% in the fourth quarter. International Assets Investment Management LLC now owns 2,290 shares of the company’s stock worth $601,000 after purchasing an additional 40 shares during the period. Fisher Asset Management LLC acquired a new position in shares of iShares Russell 1000 ETF during the fourth quarter worth approximately $381,000. Maryland State Retirement & Pension System boosted its position in shares of iShares Russell 1000 ETF by 40.1% in the fourth quarter. Maryland State Retirement & Pension System now owns 5,736 shares of the company’s stock valued at $1,504,000 after acquiring an additional 1,642 shares during the period. Apollon Wealth Management LLC grew its stake in shares of iShares Russell 1000 ETF by 17.6% in the fourth quarter. Apollon Wealth Management LLC now owns 1,955 shares of the company’s stock worth $513,000 after acquiring an additional 293 shares during the last quarter. Finally, Reynders McVeigh Capital Management LLC increased its position in iShares Russell 1000 ETF by 9.3% during the fourth quarter. Reynders McVeigh Capital Management LLC now owns 1,501 shares of the company’s stock worth $394,000 after acquiring an additional 128 shares during the period.

iShares Russell 1000 ETF Price Performance

NYSEARCA:IWB opened at $300.90 on Friday. The stock has a market cap of $36.94 billion, a P/E ratio of 24.68 and a beta of 1.01. The company has a fifty day moving average price of $300.91 and a 200 day moving average price of $290.90. iShares Russell 1000 ETF has a one year low of $224.41 and a one year high of $309.61.

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.