First Citizens Bank & Trust Co. Reduces Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

First Citizens Bank & Trust Co. lowered its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,189 shares of the company’s stock after selling 90 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares Russell 1000 ETF were worth $1,544,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Pathstone Holdings LLC purchased a new position in shares of iShares Russell 1000 ETF during the fourth quarter worth about $303,994,000. Jones Financial Companies Lllp grew its stake in shares of iShares Russell 1000 ETF by 2.8% in the 4th quarter. Jones Financial Companies Lllp now owns 8,379,815 shares of the company’s stock valued at $2,197,690,000 after purchasing an additional 227,252 shares during the last quarter. Winthrop Advisory Group LLC increased its holdings in shares of iShares Russell 1000 ETF by 392.0% in the first quarter. Winthrop Advisory Group LLC now owns 254,787 shares of the company’s stock valued at $73,386,000 after purchasing an additional 203,000 shares during the period. Cetera Investment Advisers raised its stake in shares of iShares Russell 1000 ETF by 198.8% during the first quarter. Cetera Investment Advisers now owns 272,822 shares of the company’s stock worth $78,581,000 after purchasing an additional 181,531 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of iShares Russell 1000 ETF by 3.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after purchasing an additional 146,971 shares during the period.

iShares Russell 1000 ETF Stock Performance

IWB traded down $0.41 during trading on Tuesday, reaching $305.94. The company’s stock had a trading volume of 116,666 shares, compared to its average volume of 792,452. The company has a market capitalization of $37.55 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The company’s fifty day moving average price is $298.66 and its 200-day moving average price is $288.21. iShares Russell 1000 ETF has a 52-week low of $224.41 and a 52-week high of $309.61.

About iShares Russell 1000 ETF

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.