Nixon Peabody Trust Co. Cuts Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Nixon Peabody Trust Co. lowered its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 145,033 shares of the company’s stock after selling 822 shares during the quarter. iShares Russell 1000 ETF comprises 3.8% of Nixon Peabody Trust Co.’s investment portfolio, making the stock its 7th biggest holding. Nixon Peabody Trust Co.’s holdings in iShares Russell 1000 ETF were worth $46,724,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of IWB. Allspring Global Investments Holdings LLC boosted its position in iShares Russell 1000 ETF by 23.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 196 shares of the company’s stock valued at $62,000 after acquiring an additional 37 shares during the last quarter. Stephens Inc. AR boosted its position in iShares Russell 1000 ETF by 0.9% during the third quarter. Stephens Inc. AR now owns 74,998 shares of the company’s stock valued at $23,579,000 after acquiring an additional 657 shares during the last quarter. Penobscot Wealth Management boosted its position in shares of iShares Russell 1000 ETF by 72.2% during the 3rd quarter. Penobscot Wealth Management now owns 1,317 shares of the company’s stock worth $414,000 after purchasing an additional 552 shares in the last quarter. Sensible Financial Planning & Management LLC. bought a new position in shares of iShares Russell 1000 ETF during the 3rd quarter worth about $506,000. Finally, Campbell Wealth Management acquired a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth about $15,128,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $326.39 on Friday. The firm has a market cap of $38.74 billion, a price-to-earnings ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a 52 week low of $271.54 and a 52 week high of $337.76. The firm has a 50-day moving average price of $329.40 and a two-hundred day moving average price of $321.52.

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.