US Bancorp DE Decreases Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

US Bancorp DE reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 572,258 shares of the company’s stock after selling 32,365 shares during the period. US Bancorp DE owned approximately 0.47% of iShares Russell 1000 ETF worth $179,912,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in IWB. Etesian Wealth Advisors Inc. raised its holdings in shares of iShares Russell 1000 ETF by 32.0% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock valued at $390,000 after buying an additional 301 shares during the period. Mechanics Bank Trust Department acquired a new stake in iShares Russell 1000 ETF in the third quarter valued at approximately $597,000. Cambridge Trust Co. raised its stake in shares of iShares Russell 1000 ETF by 29.7% during the first quarter. Cambridge Trust Co. now owns 1,760 shares of the company’s stock valued at $507,000 after purchasing an additional 403 shares during the period. Morton Capital Management LLC CA lifted its position in shares of iShares Russell 1000 ETF by 0.9% during the third quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock worth $1,592,000 after purchasing an additional 43 shares in the last quarter. Finally, Citizens Financial Group Inc. RI boosted its stake in shares of iShares Russell 1000 ETF by 20.5% in the first quarter. Citizens Financial Group Inc. RI now owns 3,678 shares of the company’s stock valued at $1,059,000 after purchasing an additional 625 shares during the period.

iShares Russell 1000 ETF Price Performance

IWB traded down $4.19 during trading hours on Thursday, reaching $313.97. 92,791 shares of the stock traded hands, compared to its average volume of 795,279. iShares Russell 1000 ETF has a fifty-two week low of $227.11 and a fifty-two week high of $321.24. The company has a market cap of $38.54 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The firm’s fifty day simple moving average is $311.50 and its two-hundred day simple moving average is $299.24.

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.