iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Pitcairn Co.

Pitcairn Co. trimmed its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 80,580 shares of the company’s stock after selling 985 shares during the period. iShares Russell 1000 ETF accounts for approximately 1.5% of Pitcairn Co.’s holdings, making the stock its 12th largest holding. Pitcairn Co. owned approximately 0.07% of iShares Russell 1000 ETF worth $25,334,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of iShares Russell 1000 ETF by 3.8% during the 1st quarter. Vanguard Group Inc. now owns 9,705 shares of the company’s stock worth $2,795,000 after buying an additional 353 shares during the last quarter. LRI Investments LLC acquired a new stake in iShares Russell 1000 ETF during the first quarter worth about $27,000. Lazard Asset Management LLC raised its holdings in shares of iShares Russell 1000 ETF by 7.9% in the 1st quarter. Lazard Asset Management LLC now owns 8,758 shares of the company’s stock worth $2,522,000 after purchasing an additional 640 shares during the period. Evergreen Wealth Solutions LLC acquired a new position in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $302,000. Finally, SVB Wealth LLC lifted its stake in shares of iShares Russell 1000 ETF by 4.7% in the 1st quarter. SVB Wealth LLC now owns 24,603 shares of the company’s stock valued at $7,086,000 after purchasing an additional 1,097 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB opened at $328.90 on Friday. iShares Russell 1000 ETF has a 1 year low of $248.88 and a 1 year high of $330.43. The firm has a 50 day moving average price of $318.08 and a 200 day moving average price of $304.57. The company has a market cap of $40.37 billion, a PE ratio of 24.68 and a beta of 1.01.

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.