Franklin Parlapiano Turner & Welch LLC cut its position in iShares Russell 1000 ETF (NYSEARCA:IWB – Free 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
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.
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