iShares Russell 1000 ETF $IWB Shares Sold by Centennial Bank AR

Centennial Bank AR trimmed its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 8.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,514 shares of the company’s stock after selling 2,576 shares during the quarter. iShares Russell 1000 ETF makes up about 3.6% of Centennial Bank AR’s portfolio, making the stock its 4th biggest holding. Centennial Bank AR’s holdings in iShares Russell 1000 ETF were worth $10,167,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the stock. REAP Financial Group LLC bought a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $28,000. Sound Income Strategies LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at approximately $28,000. Advocate Investing Services LLC bought a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at $31,000. True Wealth Design LLC bought a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at $32,000. Finally, Optima Capital LLC acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth $32,000.

iShares Russell 1000 ETF Trading Down 1.0%

NYSEARCA IWB opened at $406.71 on Friday. The firm’s fifty day moving average price is $407.20 and its two-hundred day moving average price is $386.55. iShares Russell 1000 ETF has a 1 year low of $340.11 and a 1 year high of $415.11. The firm has a market capitalization of $48.03 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.