Sentinel Pension Advisors Inc. reduced its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 11.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 16,740 shares of the company’s stock after selling 2,117 shares during the quarter. iShares Russell 1000 ETF makes up approximately 1.0% of Sentinel Pension Advisors Inc.’s holdings, making the stock its 18th largest holding. Sentinel Pension Advisors Inc.’s holdings in iShares Russell 1000 ETF were worth $5,393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Etesian Wealth Advisors Inc. lifted its holdings in shares of iShares Russell 1000 ETF by 32.0% during the third quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock worth $390,000 after purchasing an additional 301 shares during the period. Mechanics Bank Trust Department acquired a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at approximately $597,000. Morton Capital Management LLC CA boosted its holdings in shares of 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 acquiring an additional 43 shares during the last quarter. First Citizens Bank & Trust Co. increased its stake in shares of iShares Russell 1000 ETF by 125.2% in the third quarter. First Citizens Bank & Trust Co. now owns 11,686 shares of the company’s stock worth $3,674,000 after acquiring an additional 6,497 shares during the period. Finally, TSA Wealth Managment LLC raised its holdings in shares of iShares Russell 1000 ETF by 3.8% during the third quarter. TSA Wealth Managment LLC now owns 3,561 shares of the company’s stock worth $1,120,000 after purchasing an additional 129 shares during the last quarter.
iShares Russell 1000 ETF Price Performance
NYSEARCA:IWB traded up $0.65 during mid-day trading on Monday, hitting $320.16. The company’s stock had a trading volume of 849,137 shares, compared to its average volume of 1,077,117. The business’s fifty day moving average is $327.76 and its two-hundred day moving average is $313.88. The stock has a market cap of $39.30 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1 year low of $258.68 and a 1 year high of $336.18.
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.
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