Raymond James Trust N.A. Sells 92 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Raymond James Trust N.A. cut its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 3,256 shares of the company’s stock after selling 92 shares during the period. Raymond James Trust N.A.’s holdings in iShares Russell 1000 ETF were worth $969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. LRI Investments LLC acquired a new stake in iShares Russell 1000 ETF in the 1st quarter worth about $27,000. Transcendent Capital Group LLC boosted its stake in iShares Russell 1000 ETF by 76.4% in the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after buying an additional 42 shares in the last quarter. Robinson Capital Management LLC acquired a new stake in iShares Russell 1000 ETF in the fourth quarter valued at approximately $33,000. JNBA Financial Advisors acquired a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at $50,000. Finally, Concourse Financial Group Securities Inc. increased its stake in shares of iShares Russell 1000 ETF by 164.0% in the first quarter. Concourse Financial Group Securities Inc. now owns 198 shares of the company’s stock valued at $57,000 after buying an additional 123 shares during the period.

iShares Russell 1000 ETF Stock Down 0.1 %

IWB traded down $0.24 during midday trading on Monday, hitting $307.90. 60,314 shares of the company were exchanged, compared to its average volume of 785,089. The firm’s 50 day moving average price is $299.57 and its 200-day moving average price is $289.18. The firm has a market capitalization of $37.79 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1-year low of $224.41 and a 1-year high of $309.61.

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.