Townsend Asset Management Corp NC ADV Reduces Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Townsend Asset Management Corp NC ADV reduced its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.3% in the third quarter, Holdings Channel reports. The fund owned 6,004 shares of the company’s stock after selling 144 shares during the quarter. Townsend Asset Management Corp NC ADV’s holdings in iShares Russell 1000 ETF were worth $1,887,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of the company. LPL Financial LLC raised its holdings in iShares Russell 1000 ETF by 1.3% during the 2nd quarter. LPL Financial LLC now owns 2,341,391 shares of the company’s stock valued at $696,658,000 after acquiring an additional 29,339 shares during the period. Catalyst Capital Advisors LLC lifted its holdings in iShares Russell 1000 ETF by 5.1% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 1,626,142 shares of the company’s stock worth $483,842,000 after purchasing an additional 78,422 shares in the last quarter. Johnson Investment Counsel Inc. boosted its stake in iShares Russell 1000 ETF by 2.3% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,279,068 shares of the company’s stock worth $380,574,000 after purchasing an additional 28,333 shares during the period. BOKF NA grew its holdings in iShares Russell 1000 ETF by 8.9% during the 2nd quarter. BOKF NA now owns 1,260,585 shares of the company’s stock valued at $375,074,000 after buying an additional 102,898 shares in the last quarter. Finally, Captrust Financial Advisors increased its position in shares of iShares Russell 1000 ETF by 17.5% during the first quarter. Captrust Financial Advisors now owns 968,007 shares of the company’s stock valued at $278,815,000 after buying an additional 144,508 shares during the period.

iShares Russell 1000 ETF Trading Down 0.2 %

Shares of iShares Russell 1000 ETF stock opened at $320.02 on Tuesday. The company’s 50-day moving average price is $309.37 and its 200-day moving average price is $297.68. iShares Russell 1000 ETF has a 12-month low of $224.41 and a 12-month high of $321.24. The company has a market cap of $39.28 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

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.