Rice Partnership LLC Trims Stock Holdings in iShares Russell 1000 ETF $IWB

Rice Partnership LLC reduced its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,010 shares of the company’s stock after selling 2,688 shares during the quarter. iShares Russell 1000 ETF comprises approximately 2.4% of Rice Partnership LLC’s portfolio, making the stock its 11th biggest position. Rice Partnership LLC’s holdings in iShares Russell 1000 ETF were worth $16,816,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Highline Wealth Partners LLC acquired a new stake in iShares Russell 1000 ETF during the 3rd quarter worth $30,000. First Command Advisory Services Inc. acquired a new position in iShares Russell 1000 ETF in the third quarter valued at $31,000. Capital A Wealth Management LLC acquired a new position in iShares Russell 1000 ETF in the second quarter valued at $30,000. Caldwell Trust Co purchased a new stake in shares of iShares Russell 1000 ETF in the second quarter valued at about $30,000. Finally, Absher Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter worth about $33,000.

iShares Russell 1000 ETF Stock Down 1.1%

NYSEARCA IWB opened at $373.81 on Tuesday. The firm has a market cap of $46.15 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $382.34. The business’s 50-day moving average price is $376.79 and its 200 day moving average price is $368.89.

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.