Acropolis Investment Management LLC cut its stake in shares of iShares Russell 1000 Index (NYSEARCA:IWB) by 64.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,037 shares of the company’s stock after selling 7,198 shares during the period. Acropolis Investment Management LLC’s holdings in iShares Russell 1000 Index were worth $600,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in IWB. Vista Private Wealth Partners. LLC acquired a new position in shares of iShares Russell 1000 Index in the third quarter valued at approximately $724,000. ETF Portfolio Partners Inc. lifted its stake in iShares Russell 1000 Index by 0.5% in the fourth quarter. ETF Portfolio Partners Inc. now owns 93,419 shares of the company’s stock worth $13,883,000 after acquiring an additional 432 shares during the last quarter. Simplex Trading LLC purchased a new position in iShares Russell 1000 Index in the fourth quarter worth approximately $398,000. Finally, Capital City Trust Co. FL lifted its stake in iShares Russell 1000 Index by 6.5% in the fourth quarter. Capital City Trust Co. FL now owns 30,409 shares of the company’s stock worth $4,253,000 after acquiring an additional 1,855 shares during the last quarter.
Shares of iShares Russell 1000 Index (NYSEARCA IWB) traded down $3.33 during trading on Friday, reaching $153.25. 2,230,094 shares of the company were exchanged, compared to its average volume of 1,245,848. iShares Russell 1000 Index has a one year low of $127.33 and a one year high of $159.31. The stock has a market capitalization of $21,210.00 and a P/E ratio of 13.02.
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iShares Russell 1000 Index 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.
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