Schroder Investment Management Group Has $67.93 Million Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Schroder Investment Management Group lessened its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 20.5% in the fourth quarter, HoldingsChannel reports. The firm owned 210,064 shares of the company’s stock after selling 54,263 shares during the period. Schroder Investment Management Group’s holdings in iShares Russell 1000 ETF were worth $67,933,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Russell 1000 ETF during the fourth quarter worth $51,000. Windsor Capital Management LLC lifted its holdings in iShares Russell 1000 ETF by 5.9% during the fourth quarter. Windsor Capital Management LLC now owns 699 shares of the company’s stock worth $225,000 after acquiring an additional 39 shares in the last quarter. Broadview Financial Management LLC grew its stake in iShares Russell 1000 ETF by 18.6% in the third quarter. Broadview Financial Management LLC now owns 8,391 shares of the company’s stock valued at $2,638,000 after acquiring an additional 1,314 shares during the period. Csenge Advisory Group increased its holdings in shares of iShares Russell 1000 ETF by 4.6% in the fourth quarter. Csenge Advisory Group now owns 18,215 shares of the company’s stock worth $5,868,000 after acquiring an additional 794 shares in the last quarter. Finally, Financial Life Planners acquired a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth about $122,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $306.74 on Tuesday. The stock has a 50 day simple moving average of $323.41 and a 200 day simple moving average of $322.85. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $337.76. The firm has a market capitalization of $37.16 billion, a PE ratio of 24.07 and a beta of 1.03.

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.