Sanibel Captiva Trust Company Inc. Decreases Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Sanibel Captiva Trust Company Inc. lessened its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,250 shares of the company’s stock after selling 80 shares during the quarter. Sanibel Captiva Trust Company Inc.’s holdings in iShares Russell 1000 ETF were worth $4,913,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Merit Financial Group LLC increased its stake in iShares Russell 1000 ETF by 211.4% during the 4th quarter. Merit Financial Group LLC now owns 28,344 shares of the company’s stock worth $9,131,000 after buying an additional 19,243 shares in the last quarter. Relyea Zuckerberg Hanson LLC acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter worth approximately $6,922,000. Procyon Advisors LLC increased its position in shares of iShares Russell 1000 ETF by 396.6% during the fourth quarter. Procyon Advisors LLC now owns 22,917 shares of the company’s stock worth $7,383,000 after purchasing an additional 18,302 shares in the last quarter. Retireful LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at $2,769,000. Finally, Ritholtz Wealth Management lifted its holdings in iShares Russell 1000 ETF by 16.5% in the 4th quarter. Ritholtz Wealth Management now owns 995 shares of the company’s stock valued at $321,000 after purchasing an additional 141 shares in the last quarter.

iShares Russell 1000 ETF Stock Up 1.0 %

iShares Russell 1000 ETF stock opened at $329.39 on Friday. The company has a fifty day simple moving average of $327.99 and a 200-day simple moving average of $314.36. The firm has a market capitalization of $40.43 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $260.02 and a 52-week high of $336.18.

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.