First Citizens Bank & Trust Co. Sells 18,481 Shares of iShares Russell 1000 ETF $IWB

First Citizens Bank & Trust Co. lessened its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 77.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,348 shares of the company’s stock after selling 18,481 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares Russell 1000 ETF were worth $1,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Phillip James Consulting Co. bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at $4,308,000. PNC Financial Services Group Inc. raised its holdings in iShares Russell 1000 ETF by 1.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock worth $830,623,000 after purchasing an additional 32,054 shares during the period. HORAN Wealth LLC bought a new position in iShares Russell 1000 ETF in the 1st quarter worth $318,000. Rice Partnership LLC lifted its position in iShares Russell 1000 ETF by 1.7% during the first quarter. Rice Partnership LLC now owns 45,746 shares of the company’s stock valued at $16,311,000 after purchasing an additional 754 shares in the last quarter. Finally, Johnson Financial Group Inc. lifted its position in iShares Russell 1000 ETF by 0.9% during the first quarter. Johnson Financial Group Inc. now owns 54,265 shares of the company’s stock valued at $19,349,000 after purchasing an additional 471 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $408.71 on Thursday. The stock has a 50-day simple moving average of $407.49 and a two-hundred day simple moving average of $387.33. iShares Russell 1000 ETF has a 52-week low of $340.11 and a 52-week high of $415.11. The firm has a market capitalization of $48.27 billion, a PE ratio of 24.71 and a beta of 1.00.

iShares Russell 1000 ETF 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.