iShares Russell 1000 ETF (NYSEARCA:IWB) Position Lowered by Parthenon LLC

Parthenon LLC reduced its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,980 shares of the company’s stock after selling 80 shares during the quarter. Parthenon LLC’s holdings in iShares Russell 1000 ETF were worth $638,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its position in shares of iShares Russell 1000 ETF by 23.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 196 shares of the company’s stock valued at $62,000 after acquiring an additional 37 shares in the last quarter. Telos Capital Management Inc. bought a new position in shares of iShares Russell 1000 ETF in the 3rd quarter worth about $333,000. Foundations Investment Advisors LLC lifted its position in shares of iShares Russell 1000 ETF by 10.7% in the 3rd quarter. Foundations Investment Advisors LLC now owns 972 shares of the company’s stock worth $306,000 after buying an additional 94 shares during the last quarter. Calton & Associates Inc. acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at about $259,000. Finally, Eastern Bank bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $780,000.

iShares Russell 1000 ETF Stock Up 0.2 %

Shares of NYSEARCA IWB opened at $337.54 on Thursday. The firm’s 50-day moving average price is $329.47 and its two-hundred day moving average price is $319.68. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $337.76. The stock has a market capitalization of $41.43 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.