Edgestream Partners L.P. Decreases Stock Holdings in iShares Russell 1000 ETF $IWB

Edgestream Partners L.P. cut its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 51.0% in the first quarter, HoldingsChannel.com reports. The fund owned 1,629 shares of the company’s stock after selling 1,695 shares during the period. Edgestream Partners L.P.’s holdings in iShares Russell 1000 ETF were worth $581,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in iShares Russell 1000 ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock valued at $58,807,000 after buying an additional 6,006 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in iShares Russell 1000 ETF by 56.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock worth $486,000 after buying an additional 542 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of iShares Russell 1000 ETF by 32.3% during the second quarter. First Trust Advisors LP now owns 1,307 shares of the company’s stock valued at $444,000 after acquiring an additional 319 shares during the last quarter. Jump Financial LLC acquired a new position in shares of iShares Russell 1000 ETF during the second quarter valued at approximately $2,403,000. Finally, Qube Research & Technologies Ltd lifted its position in shares of iShares Russell 1000 ETF by 18.6% in the second quarter. Qube Research & Technologies Ltd now owns 3,418 shares of the company’s stock valued at $1,161,000 after acquiring an additional 535 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA:IWB opened at $422.16 on Wednesday. iShares Russell 1000 ETF has a 1 year low of $344.41 and a 1 year high of $423.19. The firm has a market capitalization of $49.90 billion, a PE ratio of 24.71 and a beta of 1.00. The business’s 50 day moving average price is $407.98 and its 200-day moving average price is $389.16.

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.