Franklin Parlapiano Turner & Welch LLC Trims Stock Holdings in iShares Russell 1000 ETF $IWB

Franklin Parlapiano Turner & Welch LLC lessened its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 96,416 shares of the company’s stock after selling 4,514 shares during the period. iShares Russell 1000 ETF accounts for 8.9% of Franklin Parlapiano Turner & Welch LLC’s holdings, making the stock its 4th biggest holding. Franklin Parlapiano Turner & Welch LLC owned about 0.08% of iShares Russell 1000 ETF worth $35,239,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp grew its holdings in iShares Russell 1000 ETF by 5.1% during the 1st quarter. Jones Financial Companies Lllp now owns 10,240,732 shares of the company’s stock worth $3,123,735,000 after acquiring an additional 499,981 shares during the period. Bank of America Corp DE lifted its stake in shares of iShares Russell 1000 ETF by 14.9% in the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after purchasing an additional 616,717 shares during the period. M&T Bank Corp boosted its position in shares of iShares Russell 1000 ETF by 4.0% during the 2nd quarter. M&T Bank Corp now owns 2,923,970 shares of the company’s stock valued at $992,892,000 after purchasing an additional 112,152 shares in the last quarter. Johnson Investment Counsel Inc. grew its stake in iShares Russell 1000 ETF by 3.3% during the second quarter. Johnson Investment Counsel Inc. now owns 1,405,034 shares of the company’s stock worth $477,107,000 after purchasing an additional 44,732 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in iShares Russell 1000 ETF by 6.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,370,878 shares of the company’s stock worth $465,509,000 after purchasing an additional 86,539 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $378.22 on Thursday. The firm has a market cap of $46.86 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $380.48. The business’s 50 day moving average price is $372.25 and its two-hundred day moving average price is $360.76.

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.