Laird Norton Wetherby Trust Company LLC Reduces Position in iShares Russell 1000 ETF $IWB

Laird Norton Wetherby Trust Company LLC lowered its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 47.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,953 shares of the company’s stock after selling 10,746 shares during the period. iShares Russell 1000 ETF comprises 0.8% of Laird Norton Wetherby Trust Company LLC’s portfolio, making the stock its 29th largest position. Laird Norton Wetherby Trust Company LLC’s holdings in iShares Russell 1000 ETF were worth $4,369,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of IWB. Caldwell Trust Co acquired a new position in shares of iShares Russell 1000 ETF in the 2nd quarter valued at approximately $30,000. Capital A Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the second quarter worth approximately $30,000. Highline Wealth Partners LLC bought a new stake in shares of iShares Russell 1000 ETF in the third quarter worth $30,000. Cary Street Partners Investment Advisory LLC increased its stake in shares of iShares Russell 1000 ETF by 75.0% in the second 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 during the last quarter. Finally, First Command Advisory Services Inc. acquired a new stake in iShares Russell 1000 ETF in the third quarter valued at $31,000.

iShares Russell 1000 ETF Price Performance

NYSEARCA IWB opened at $366.29 on Tuesday. The company has a market capitalization of $45.22 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 $382.34. The company’s fifty day moving average price is $376.11 and its two-hundred day moving average price is $370.96.

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.