iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Eagle Ridge Investment Management

Eagle Ridge Investment Management cut its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 77.8% during the third quarter, Holdings Channel.com reports. The firm owned 881 shares of the company’s stock after selling 3,093 shares during the quarter. Eagle Ridge Investment Management’s holdings in iShares Russell 1000 ETF were worth $277,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC raised its position in iShares Russell 1000 ETF by 26,328.0% in the third quarter. International Assets Investment Management LLC now owns 605,201 shares of the company’s stock valued at $190,269,000 after purchasing an additional 602,911 shares during the period. Millennium Management LLC increased its position in shares of iShares Russell 1000 ETF by 4,016.4% during the 2nd quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock worth $106,373,000 after purchasing an additional 348,824 shares during the last quarter. Winthrop Advisory Group LLC raised its holdings in iShares Russell 1000 ETF by 392.0% in the 1st quarter. Winthrop Advisory Group LLC now owns 254,787 shares of the company’s stock valued at $73,386,000 after buying an additional 203,000 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in iShares Russell 1000 ETF in the second quarter valued at about $59,508,000. Finally, Cetera Investment Advisers lifted its position in iShares Russell 1000 ETF by 198.8% in the first quarter. Cetera Investment Advisers now owns 272,822 shares of the company’s stock valued at $78,581,000 after buying an additional 181,531 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $317.63 on Friday. The firm has a 50-day simple moving average of $310.21 and a two-hundred day simple moving average of $298.05. The stock has a market cap of $38.99 billion, a PE ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1-year low of $224.41 and a 1-year high of $321.24.

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.