DAVENPORT & Co LLC Sells 315 Shares of iShares Russell 1000 ETF $IWB

DAVENPORT & Co LLC decreased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 10.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,821 shares of the company’s stock after selling 315 shares during the period. DAVENPORT & Co LLC’s holdings in iShares Russell 1000 ETF were worth $958,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of IWB. Quadrant Private Wealth Management LLC increased its stake in shares of iShares Russell 1000 ETF by 137.6% during the first quarter. Quadrant Private Wealth Management LLC now owns 1,604 shares of the company’s stock worth $492,000 after purchasing an additional 929 shares during the period. Diversified Enterprises LLC acquired a new position in iShares Russell 1000 ETF in the 2nd quarter valued at $229,000. Beacon Capital Management LLC grew its holdings in iShares Russell 1000 ETF by 10.5% in the 2nd quarter. Beacon Capital Management LLC now owns 389 shares of the company’s stock valued at $132,000 after buying an additional 37 shares in the last quarter. Sowell Financial Services LLC bought a new stake in shares of iShares Russell 1000 ETF in the first quarter valued at about $598,000. Finally, Capital Advisors Wealth Management LLC boosted its position in shares of iShares Russell 1000 ETF by 14.3% in the first quarter. Capital Advisors Wealth Management LLC now owns 1,301 shares of the company’s stock valued at $399,000 after acquiring an additional 163 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of iShares Russell 1000 ETF stock opened at $358.39 on Friday. The firm has a 50-day moving average of $358.02 and a 200-day moving average of $333.63. The stock has a market cap of $42.81 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $369.87.

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.