Fmr LLC Trims Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Fmr LLC cut its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,844,574 shares of the company’s stock after selling 139,240 shares during the period. Fmr LLC owned 8.02% of iShares Russell 1000 ETF worth $3,171,528,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter worth about $3,667,000. Benjamin Edwards Inc. acquired a new stake in iShares Russell 1000 ETF during the 3rd quarter worth approximately $1,134,000. Quantinno Capital Management LP increased its holdings in shares of iShares Russell 1000 ETF by 5.8% in the third quarter. Quantinno Capital Management LP now owns 12,969 shares of the company’s stock valued at $4,077,000 after purchasing an additional 710 shares during the period. Stifel Financial Corp raised its stake in shares of iShares Russell 1000 ETF by 7.5% during the third quarter. Stifel Financial Corp now owns 200,115 shares of the company’s stock worth $62,915,000 after purchasing an additional 13,901 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its holdings in shares of iShares Russell 1000 ETF by 22.0% during the third quarter. EP Wealth Advisors LLC now owns 24,759 shares of the company’s stock worth $7,784,000 after purchasing an additional 4,465 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $277.41 on Friday. The stock has a market capitalization of $33.61 billion, a P/E ratio of 24.07 and a beta of 1.03. iShares Russell 1000 ETF has a 1 year low of $271.54 and a 1 year high of $337.76. The company’s fifty day moving average is $320.46 and its two-hundred day moving average is $322.45.

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.