Chartist Inc. CA Trims Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Chartist Inc. CA trimmed its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 53,960 shares of the company’s stock after selling 483 shares during the period. iShares Russell 1000 ETF makes up about 11.3% of Chartist Inc. CA’s portfolio, making the stock its 4th biggest position. Chartist Inc. CA’s holdings in iShares Russell 1000 ETF were worth $16,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. LRI Investments LLC purchased a new stake in iShares Russell 1000 ETF in the 1st quarter worth about $27,000. Transcendent Capital Group LLC raised its holdings in shares of iShares Russell 1000 ETF by 76.4% in the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock worth $29,000 after buying an additional 42 shares during the period. Rosenberg Matthew Hamilton lifted its stake in shares of iShares Russell 1000 ETF by 176.7% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after acquiring an additional 76 shares during the last quarter. Robinson Capital Management LLC purchased a new position in iShares Russell 1000 ETF during the 4th quarter valued at $33,000. Finally, JNBA Financial Advisors bought a new position in iShares Russell 1000 ETF in the 1st quarter valued at $50,000.

iShares Russell 1000 ETF Stock Performance

IWB stock traded down $5.02 during midday trading on Friday, reaching $295.88. The company’s stock had a trading volume of 602,012 shares, compared to its average volume of 793,461. iShares Russell 1000 ETF has a 1 year low of $224.41 and a 1 year high of $309.61. The firm has a market capitalization of $36.32 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The stock has a fifty day simple moving average of $300.88 and a two-hundred day simple moving average of $291.16.

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.