Ferguson Wellman Capital Management Inc. Reduces Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Ferguson Wellman Capital Management Inc. lowered its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,047 shares of the company’s stock after selling 170 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in iShares Russell 1000 ETF were worth $2,530,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Etesian Wealth Advisors Inc. grew its position in shares of iShares Russell 1000 ETF by 32.0% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock valued at $390,000 after acquiring an additional 301 shares during the period. Mechanics Bank Trust Department purchased a new stake in iShares Russell 1000 ETF in the third quarter worth about $597,000. Cambridge Trust Co. raised its stake in shares of iShares Russell 1000 ETF by 29.7% in the first quarter. Cambridge Trust Co. now owns 1,760 shares of the company’s stock worth $507,000 after buying an additional 403 shares during the period. Morton Capital Management LLC CA lifted its position in shares of iShares Russell 1000 ETF by 0.9% during the 3rd quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock valued at $1,592,000 after buying an additional 43 shares in the last quarter. Finally, Citizens Financial Group Inc. RI grew its stake in shares of iShares Russell 1000 ETF by 20.5% during the 1st quarter. Citizens Financial Group Inc. RI now owns 3,678 shares of the company’s stock valued at $1,059,000 after acquiring an additional 625 shares during the period.

iShares Russell 1000 ETF Trading Down 0.7 %

NYSEARCA IWB opened at $326.66 on Friday. iShares Russell 1000 ETF has a 12 month low of $245.70 and a 12 month high of $330.43. The stock has a market cap of $40.10 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The company’s 50 day moving average is $314.76 and its two-hundred day moving average is $302.47.

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.