Nadler Financial Group Inc. Trims Stake in iShares Russell 1000 ETF $IWB

Nadler Financial Group Inc. reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,937 shares of the company’s stock after selling 325 shares during the period. Nadler Financial Group Inc.’s holdings in iShares Russell 1000 ETF were worth $2,695,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Jones Financial Companies Lllp grew its stake in iShares Russell 1000 ETF by 5.1% in the 1st quarter. Jones Financial Companies Lllp now owns 10,240,732 shares of the company’s stock worth $3,123,735,000 after acquiring an additional 499,981 shares in the last quarter. Northern Trust Corp grew its stake in iShares Russell 1000 ETF by 1.3% in the 1st quarter. Northern Trust Corp now owns 2,717,504 shares of the company’s stock worth $833,567,000 after acquiring an additional 36,000 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in iShares Russell 1000 ETF by 2.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,880,906 shares of the company’s stock worth $576,949,000 after acquiring an additional 51,481 shares in the last quarter. Johnson Investment Counsel Inc. grew its stake in iShares Russell 1000 ETF by 3.3% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,405,034 shares of the company’s stock worth $477,107,000 after acquiring an additional 44,732 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in iShares Russell 1000 ETF by 5.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,284,339 shares of the company’s stock worth $393,958,000 after acquiring an additional 67,721 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB stock opened at $364.04 on Tuesday. The company has a market capitalization of $43.27 billion, a P/E ratio of 24.71 and a beta of 1.01. The company’s 50-day simple moving average is $358.37 and its two-hundred day simple moving average is $334.35. iShares Russell 1000 ETF has a one year low of $264.17 and a one year 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.