Robertson Stephens Wealth Management LLC Reduces Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Robertson Stephens Wealth Management LLC decreased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 88,068 shares of the company’s stock after selling 2,569 shares during the quarter. iShares Russell 1000 ETF makes up approximately 1.0% of Robertson Stephens Wealth Management LLC’s investment portfolio, making the stock its 19th largest position. Robertson Stephens Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $28,372,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Etesian Wealth Advisors Inc. grew its holdings in shares of iShares Russell 1000 ETF by 32.0% in the 3rd quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock worth $390,000 after acquiring an additional 301 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth approximately $51,000. Mechanics Bank Trust Department acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at about $597,000. Morton Capital Management LLC CA increased its holdings in iShares Russell 1000 ETF by 0.9% in the 3rd quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock valued at $1,592,000 after purchasing an additional 43 shares in the last quarter. Finally, First Citizens Bank & Trust Co. lifted its position in shares of iShares Russell 1000 ETF by 125.2% during the third quarter. First Citizens Bank & Trust Co. now owns 11,686 shares of the company’s stock worth $3,674,000 after purchasing an additional 6,497 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

IWB opened at $333.42 on Thursday. The stock has a market capitalization of $40.93 billion, a PE ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $269.98 and a 12-month high of $336.61. The firm’s fifty day moving average price is $329.23 and its 200 day moving average price is $317.15.

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.