Asset Dedication LLC Sells 95 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Asset Dedication LLC trimmed its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,494 shares of the company’s stock after selling 95 shares during the period. Asset Dedication LLC’s holdings in iShares Russell 1000 ETF were worth $1,727,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in IWB. Millennium Management LLC increased its holdings in iShares Russell 1000 ETF by 4,016.4% during the 2nd quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock worth $106,373,000 after purchasing an additional 348,824 shares in the last quarter. Winthrop Advisory Group LLC grew its holdings in iShares Russell 1000 ETF by 392.0% during the first quarter. Winthrop Advisory Group LLC now owns 254,787 shares of the company’s stock worth $73,386,000 after buying an additional 203,000 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in iShares Russell 1000 ETF in the 2nd quarter valued at $59,508,000. Cetera Investment Advisers lifted its stake in iShares Russell 1000 ETF by 198.8% during the 1st quarter. Cetera Investment Advisers now owns 272,822 shares of the company’s stock valued at $78,581,000 after acquiring an additional 181,531 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in iShares Russell 1000 ETF by 17.5% during the 1st quarter. Captrust Financial Advisors now owns 968,007 shares of the company’s stock worth $278,815,000 after acquiring an additional 144,508 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB stock opened at $319.44 on Thursday. The firm has a 50-day moving average of $307.66 and a 200-day moving average of $296.86. iShares Russell 1000 ETF has a one year low of $224.41 and a one year high of $320.79. The company has a market cap of $39.21 billion, a P/E ratio of 24.68 and a beta of 1.01.

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.