iShares Russell 1000 ETF $IWB Stock Holdings Reduced by Legacy Wealth Management Inc

Legacy Wealth Management Inc trimmed its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 722,592 shares of the company’s stock after selling 6,258 shares during the period. iShares Russell 1000 ETF accounts for approximately 15.5% of Legacy Wealth Management Inc’s portfolio, making the stock its 2nd largest holding. Legacy Wealth Management Inc owned 0.60% of iShares Russell 1000 ETF worth $264,093,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in IWB. Jones Financial Companies Lllp grew its stake in shares of iShares Russell 1000 ETF by 5.1% during 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 during the period. Bank of America Corp DE lifted its holdings in iShares Russell 1000 ETF by 14.9% during the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after purchasing an additional 616,717 shares during the last quarter. M&T Bank Corp lifted its holdings in iShares Russell 1000 ETF by 4.0% during the second quarter. M&T Bank Corp now owns 2,923,970 shares of the company’s stock valued at $992,892,000 after purchasing an additional 112,152 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in iShares Russell 1000 ETF by 2.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,880,906 shares of the company’s stock worth $576,949,000 after purchasing an additional 51,481 shares during the period. Finally, Johnson Investment Counsel Inc. increased its stake in shares of iShares Russell 1000 ETF by 3.3% in 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.

iShares Russell 1000 ETF Trading Up 0.9%

Shares of IWB stock opened at $372.97 on Friday. The firm’s 50 day moving average is $370.18 and its 200 day moving average is $356.41. The stock has a market capitalization of $44.91 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $378.00.

About iShares Russell 1000 ETF

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.