Alpha Cubed Investments LLC Trims Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Alpha Cubed Investments LLC decreased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 9,994 shares of the company’s stock after selling 610 shares during the period. Alpha Cubed Investments LLC’s holdings in iShares Russell 1000 ETF were worth $2,621,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in IWB. M&T Bank Corp lifted its holdings in shares of iShares Russell 1000 ETF by 1.7% in the third quarter. M&T Bank Corp now owns 2,923,123 shares of the company’s stock worth $686,672,000 after buying an additional 49,597 shares in the last quarter. LPL Financial LLC increased its holdings in iShares Russell 1000 ETF by 1.8% during the 3rd quarter. LPL Financial LLC now owns 2,249,921 shares of the company’s stock worth $528,529,000 after acquiring an additional 38,800 shares during the period. Johnson Investment Counsel Inc. lifted its stake in iShares Russell 1000 ETF by 0.6% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 1,200,365 shares of the company’s stock worth $281,978,000 after purchasing an additional 6,945 shares in the last quarter. Pathstone Family Office LLC boosted its holdings in iShares Russell 1000 ETF by 2,233.8% in the 3rd quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock valued at $274,904,000 after purchasing an additional 1,119,893 shares during the period. Finally, UBS Group AG grew its position in shares of iShares Russell 1000 ETF by 10.7% during the 3rd quarter. UBS Group AG now owns 1,068,549 shares of the company’s stock valued at $251,013,000 after purchasing an additional 102,850 shares in the last quarter.

iShares Russell 1000 ETF Trading Down 1.6 %

Shares of iShares Russell 1000 ETF stock traded down $4.54 during trading on Tuesday, hitting $275.98. The stock had a trading volume of 1,491,790 shares, compared to its average volume of 724,140. The firm has a market cap of $33.99 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. iShares Russell 1000 ETF has a 12 month low of $221.31 and a 12 month high of $288.75. The business’s 50-day moving average is $281.57 and its 200 day moving average is $264.15.

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.