Parkside Financial Bank & Trust Cuts Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Parkside Financial Bank & Trust lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 27,892 shares of the company’s stock after selling 1,025 shares during the period. iShares Russell 1000 ETF comprises approximately 1.2% of Parkside Financial Bank & Trust’s holdings, making the stock its 16th biggest holding. Parkside Financial Bank & Trust’s holdings in iShares Russell 1000 ETF were worth $8,986,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Clarkston Capital Partners LLC purchased a new position in iShares Russell 1000 ETF during the third quarter worth approximately $32,000. Archer Investment Corp purchased a new position in iShares Russell 1000 ETF during the third quarter worth approximately $37,000. Crews Bank & Trust purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth approximately $37,000. Golden State Wealth Management LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth approximately $37,000. Finally, Centricity Wealth Management LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth approximately $39,000.

iShares Russell 1000 ETF Stock Down 1.5 %

NYSEARCA:IWB opened at $321.39 on Friday. The company has a market cap of $38.15 billion, a P/E ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a fifty-two week low of $271.54 and a fifty-two week high of $337.76. The firm’s 50 day moving average is $329.37 and its two-hundred day moving average is $321.28.

iShares Russell 1000 ETF Company 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.