iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Fmr LLC

Fmr LLC cut its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 9,844,574 shares of the company’s stock after selling 139,240 shares during the period. Fmr LLC owned 0.08% of iShares Russell 1000 ETF worth $3,171,528,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wedbush Securities Inc. raised its holdings in iShares Russell 1000 ETF by 12.6% during the fourth quarter. Wedbush Securities Inc. now owns 1,179 shares of the company’s stock worth $380,000 after purchasing an additional 132 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares Russell 1000 ETF by 9.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,682,078 shares of the company’s stock valued at $1,508,378,000 after buying an additional 422,237 shares in the last quarter. KCM Investment Advisors LLC raised its stake in shares of iShares Russell 1000 ETF by 4.7% during the 4th quarter. KCM Investment Advisors LLC now owns 1,021 shares of the company’s stock worth $329,000 after buying an additional 46 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of iShares Russell 1000 ETF by 3.1% in the 4th quarter. Wells Fargo & Company MN now owns 1,511,222 shares of the company’s stock worth $486,855,000 after buying an additional 46,053 shares in the last quarter. Finally, Pitcairn Co. grew its stake in iShares Russell 1000 ETF by 10.2% in the 4th quarter. Pitcairn Co. now owns 88,777 shares of the company’s stock valued at $28,600,000 after acquiring an additional 8,197 shares during the last quarter.

iShares Russell 1000 ETF Trading Down 5.9 %

Shares of IWB opened at $277.41 on Friday. iShares Russell 1000 ETF has a 12-month low of $271.54 and a 12-month high of $337.76. The stock has a market cap of $33.61 billion, a P/E ratio of 24.07 and a beta of 1.03. The company has a 50-day moving average of $320.46 and a two-hundred day moving average of $322.45.

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.