Parkside Financial Bank & Trust Reduces Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Parkside Financial Bank & Trust cut its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 72,420 shares of the company’s stock after selling 693 shares during the period. iShares Russell 1000 ETF accounts for 3.9% of Parkside Financial Bank & Trust’s holdings, making the stock its 3rd biggest holding. Parkside Financial Bank & Trust owned about 0.06% of iShares Russell 1000 ETF worth $11,916,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Filament LLC lifted its stake in shares of iShares Russell 1000 ETF by 12.9% during the second quarter. Filament LLC now owns 19,215 shares of the company’s stock worth $3,128,000 after buying an additional 2,201 shares during the period. Montecito Bank & Trust raised its holdings in shares of iShares Russell 1000 ETF by 0.9% during the second quarter. Montecito Bank & Trust now owns 17,762 shares of the company’s stock worth $2,891,000 after purchasing an additional 167 shares during the last quarter. ETF Portfolio Partners Inc. raised its holdings in shares of iShares Russell 1000 ETF by 1.6% during the second quarter. ETF Portfolio Partners Inc. now owns 113,796 shares of the company’s stock worth $18,525,000 after purchasing an additional 1,800 shares during the last quarter. Pennsylvania Trust Co purchased a new position in shares of iShares Russell 1000 ETF during the second quarter worth $9,249,000. Finally, Cordasco Financial Network raised its holdings in shares of iShares Russell 1000 ETF by 2.1% during the second quarter. Cordasco Financial Network now owns 213,927 shares of the company’s stock worth $34,825,000 after purchasing an additional 4,357 shares during the last quarter.

Shares of iShares Russell 1000 ETF stock traded up $0.46 during trading on Friday, hitting $171.17. 533,713 shares of the company’s stock were exchanged, compared to its average volume of 1,025,637. The business has a 50-day simple moving average of $165.68 and a 200-day simple moving average of $163.03. iShares Russell 1000 ETF has a 52-week low of $129.68 and a 52-week high of $171.44.

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.

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Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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