Franklin Parlapiano Turner & Welch LLC Has $34.27 Million Stock Holdings in iShares Russell 1000 ETF $IWB

Franklin Parlapiano Turner & Welch LLC cut its position in iShares Russell 1000 ETF (NYSEARCA:IWBFree Report) by 2.6% in the second quarter, HoldingsChannel.com reports. The firm owned 100,930 shares of the company’s stock after selling 2,687 shares during the quarter. iShares Russell 1000 ETF comprises about 8.9% of Franklin Parlapiano Turner & Welch LLC’s investment portfolio, making the stock its 4th biggest holding. Franklin Parlapiano Turner & Welch LLC’s holdings in iShares Russell 1000 ETF were worth $34,273,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Jones Financial Companies Lllp increased 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 buying an additional 499,981 shares in the last quarter. Northern Trust Corp boosted its stake in shares of iShares Russell 1000 ETF by 1.3% in the first 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 during the period. Goldman Sachs Group Inc. boosted its stake in shares of iShares Russell 1000 ETF by 2.8% in the first 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 during the period. Johnson Investment Counsel Inc. grew its position in shares of iShares Russell 1000 ETF by 3.3% during the second quarter. Johnson Investment Counsel Inc. now owns 1,405,034 shares of the company’s stock worth $477,107,000 after purchasing an additional 44,732 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in iShares Russell 1000 ETF by 5.6% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,284,339 shares of the company’s stock valued at $393,958,000 after purchasing an additional 67,721 shares during the period.

iShares Russell 1000 ETF Trading Down 2.7%

NYSEARCA IWB opened at $358.39 on Friday. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $369.87. The stock has a market cap of $42.81 billion, a PE ratio of 24.71 and a beta of 1.01. The stock’s 50 day moving average is $358.02 and its 200 day moving average is $333.78.

iShares Russell 1000 ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding IWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 ETF (NYSEARCA:IWBFree Report).

Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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