Davis R M Inc. Sells 1,410 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Davis R M Inc. cut its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,773 shares of the company’s stock after selling 1,410 shares during the period. Davis R M Inc.’s holdings in iShares Russell 1000 ETF were worth $18,163,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. LRI Investments LLC purchased a new position in shares of iShares Russell 1000 ETF in the first quarter valued at $27,000. Transcendent Capital Group LLC lifted its position in iShares Russell 1000 ETF by 76.4% during the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after purchasing an additional 42 shares during the last quarter. Sound Income Strategies LLC grew its stake in shares of iShares Russell 1000 ETF by 239.3% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after buying an additional 67 shares in the last quarter. Winch Advisory Services LLC bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth about $30,000. Finally, Clarkston Capital Partners LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $32,000.

iShares Russell 1000 ETF Trading Up 0.4 %

Shares of NYSEARCA:IWB opened at $328.90 on Monday. The company has a market cap of $40.37 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 12 month low of $248.88 and a 12 month high of $330.43. The company has a 50-day moving average price of $318.08 and a 200 day moving average price of $304.86.

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.