iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Daido Life Insurance Co.

Daido Life Insurance Co. cut its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 30.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 537,123 shares of the company’s stock after selling 234,315 shares during the quarter. iShares Russell 1000 ETF makes up approximately 22.5% of Daido Life Insurance Co.’s portfolio, making the stock its 3rd biggest position. Daido Life Insurance Co. owned 0.44% of iShares Russell 1000 ETF worth $168,866,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in IWB. International Assets Investment Management LLC grew its position in shares of iShares Russell 1000 ETF by 26,328.0% during the third quarter. International Assets Investment Management LLC now owns 605,201 shares of the company’s stock worth $190,269,000 after buying an additional 602,911 shares in the last quarter. Millennium Management LLC grew its position in shares of iShares Russell 1000 ETF by 4,016.4% during the second quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock worth $106,373,000 after buying an additional 348,824 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of iShares Russell 1000 ETF during the second quarter worth about $59,508,000. Cetera Investment Advisers grew its position in shares of iShares Russell 1000 ETF by 198.8% during the first quarter. Cetera Investment Advisers now owns 272,822 shares of the company’s stock worth $78,581,000 after buying an additional 181,531 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in iShares Russell 1000 ETF by 17.5% in the first quarter. Captrust Financial Advisors now owns 968,007 shares of the company’s stock valued at $278,815,000 after purchasing an additional 144,508 shares in the last quarter.

iShares Russell 1000 ETF Stock Up 0.4 %

Shares of IWB opened at $328.90 on Friday. The stock has a 50 day moving average price of $318.08 and a 200 day moving average price of $304.71. The company has a market capitalization of $40.37 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $248.88 and a 52-week high of $330.43.

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.