Schroder Investment Management Group Reduces Stock Position in iShares Russell 1000 ETF $IWB

Schroder Investment Management Group trimmed its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 32.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 143,750 shares of the company’s stock after selling 68,403 shares during the period. Schroder Investment Management Group’s holdings in iShares Russell 1000 ETF were worth $48,511,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IWB. Virtue Capital Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the second quarter worth $209,000. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Russell 1000 ETF by 6.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,370,878 shares of the company’s stock valued at $465,509,000 after acquiring an additional 86,539 shares during the last quarter. State Board of Administration of Florida Retirement System acquired a new position in iShares Russell 1000 ETF during the 2nd quarter worth $20,374,000. GM Advisory Group LLC increased its position in shares of iShares Russell 1000 ETF by 0.3% in the 2nd quarter. GM Advisory Group LLC now owns 11,948 shares of the company’s stock worth $4,057,000 after purchasing an additional 30 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its position in shares of iShares Russell 1000 ETF by 66.8% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 11,770 shares of the company’s stock worth $3,997,000 after purchasing an additional 4,713 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $374.44 on Monday. The stock has a market capitalization of $45.08 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $377.77. The company’s 50-day simple moving average is $367.80 and its 200-day simple moving average is $351.37.

About iShares Russell 1000 ETF

(Free Report)

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.

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