iShares Russell 1000 ETF (NYSEARCA:IWB) is Franklin Parlapiano Turner & Welch LLC’s 4th Largest Position

Franklin Parlapiano Turner & Welch LLC decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 104,647 shares of the company’s stock after selling 3,544 shares during the quarter. iShares Russell 1000 ETF comprises 9.1% of Franklin Parlapiano Turner & Welch LLC’s investment portfolio, making the stock its 4th largest holding. Franklin Parlapiano Turner & Welch LLC owned 0.09% of iShares Russell 1000 ETF worth $33,713,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of IWB. Sound Income Strategies LLC increased its stake in iShares Russell 1000 ETF by 239.3% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after buying an additional 67 shares during the period. Winch Advisory Services LLC acquired a new position in iShares Russell 1000 ETF in the 3rd quarter valued at $30,000. Clarkston Capital Partners LLC acquired a new position in iShares Russell 1000 ETF in the 3rd quarter valued at $32,000. Archer Investment Corp acquired a new position in iShares Russell 1000 ETF in the 3rd quarter valued at $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at $51,000.

iShares Russell 1000 ETF Stock Down 0.3 %

NYSEARCA:IWB opened at $331.97 on Thursday. iShares Russell 1000 ETF has a fifty-two week low of $265.70 and a fifty-two week high of $336.61. The stock has a market cap of $40.75 billion, a PE ratio of 24.68 and a beta of 1.01. The firm’s fifty day simple moving average is $328.91 and its 200-day simple moving average is $316.20.

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.