iShares Russell 1000 ETF $IWB is Sigma Investment Counselors Inc.’s 7th Largest Position

Sigma Investment Counselors Inc. decreased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 109,677 shares of the company’s stock after selling 1,942 shares during the quarter. iShares Russell 1000 ETF accounts for 2.1% of Sigma Investment Counselors Inc.’s portfolio, making the stock its 7th biggest holding. Sigma Investment Counselors Inc. owned approximately 0.09% of iShares Russell 1000 ETF worth $40,085,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Highline Wealth Partners LLC purchased a new position in shares of iShares Russell 1000 ETF in the third quarter valued at $30,000. Capital A Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF during the second quarter valued at $30,000. Caldwell Trust Co bought a new position in iShares Russell 1000 ETF during the second quarter valued at $30,000. Absher Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the 3rd quarter worth $33,000. Finally, Cary Street Partners Investment Advisory LLC grew its stake in shares of iShares Russell 1000 ETF by 75.0% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 91 shares of the company’s stock worth $31,000 after buying an additional 39 shares in the last quarter.

iShares Russell 1000 ETF Trading Down 0.1%

Shares of NYSEARCA IWB opened at $379.44 on Friday. The firm’s 50-day moving average price is $373.50 and its 200-day moving average price is $362.92. The stock has a market capitalization of $46.69 billion, a price-to-earnings 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 $381.71.

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.