Sachetta LLC Decreases Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Sachetta LLC lowered its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 77,807 shares of the company’s stock after selling 856 shares during the quarter. iShares Russell 1000 ETF comprises 9.6% of Sachetta LLC’s portfolio, making the stock its biggest holding. Sachetta LLC owned 0.06% of iShares Russell 1000 ETF worth $23,149,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IWB. International Assets Investment Management LLC raised its stake in shares of iShares Russell 1000 ETF by 1.8% in the fourth quarter. International Assets Investment Management LLC now owns 2,290 shares of the company’s stock worth $601,000 after buying an additional 40 shares during the period. Dana Investment Advisors Inc. bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at approximately $320,000. Avantax Advisory Services Inc. raised its stake in iShares Russell 1000 ETF by 8.0% during the 4th quarter. Avantax Advisory Services Inc. now owns 22,743 shares of the company’s stock valued at $5,965,000 after purchasing an additional 1,686 shares during the period. US Financial Advisors LLC raised its stake in iShares Russell 1000 ETF by 3.0% during the 4th quarter. US Financial Advisors LLC now owns 129,659 shares of the company’s stock valued at $34,004,000 after purchasing an additional 3,826 shares during the period. Finally, Lmcg Investments LLC raised its stake in iShares Russell 1000 ETF by 0.8% during the 4th quarter. Lmcg Investments LLC now owns 12,535 shares of the company’s stock valued at $3,287,000 after purchasing an additional 99 shares during the period.

iShares Russell 1000 ETF Trading Up 1.1 %

Shares of IWB opened at $299.20 on Tuesday. The business’s 50 day moving average is $300.90 and its 200 day moving average is $291.43. The company has a market capitalization of $36.73 billion, a PE ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $224.41 and a 12-month high of $309.61.

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.