TIAA Trust National Association Sells 51,968 Shares of iShares Russell 1000 ETF $IWB

TIAA Trust National Association reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 684,338 shares of the company’s stock after selling 51,968 shares during the quarter. TIAA Trust National Association owned about 0.55% of iShares Russell 1000 ETF worth $256,245,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Next Capital Management LLC grew its holdings in shares of iShares Russell 1000 ETF by 0.3% during the fourth quarter. Next Capital Management LLC now owns 11,948 shares of the company’s stock valued at $4,462,000 after buying an additional 31 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of iShares Russell 1000 ETF by 39.7% during the fourth quarter. Franklin Resources Inc. now owns 88,157 shares of the company’s stock valued at $32,921,000 after buying an additional 25,038 shares during the last quarter. O Shaughnessy Asset Management LLC grew its holdings in shares of iShares Russell 1000 ETF by 2.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 14,159 shares of the company’s stock valued at $5,288,000 after buying an additional 349 shares during the last quarter. Manchester Capital Management LLC grew its holdings in shares of iShares Russell 1000 ETF by 2.0% during the fourth quarter. Manchester Capital Management LLC now owns 5,774 shares of the company’s stock valued at $2,156,000 after buying an additional 112 shares during the last quarter. Finally, Napier Financial LLC purchased a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $56,965,000.

iShares Russell 1000 ETF Stock Up 0.3%

NYSEARCA:IWB opened at $404.06 on Tuesday. The company’s 50 day moving average price is $390.66 and its 200-day moving average price is $379.51. iShares Russell 1000 ETF has a 52 week low of $325.31 and a 52 week high of $415.11. The stock has a market cap of $47.54 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.