Davis R M Inc. Cuts Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Davis R M Inc. lessened its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,773 shares of the company’s stock after selling 1,410 shares during the quarter. Davis R M Inc.’s holdings in iShares Russell 1000 ETF were worth $18,163,000 as of its most recent SEC filing.

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

iShares Russell 1000 ETF Trading Up 0.4 %

NYSEARCA:IWB opened at $328.90 on Monday. The company has a market capitalization of $40.37 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 12 month low of $248.88 and a 12 month high of $330.43. The firm has a fifty day simple moving average of $318.08 and a 200-day simple moving average of $304.86.

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.