Fiducient Advisors LLC Cuts Stock Holdings in iShares Russell 1000 ETF $IWB

Fiducient Advisors LLC lessened its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 40,871 shares of the company’s stock after selling 2,480 shares during the period. iShares Russell 1000 ETF comprises 1.7% of Fiducient Advisors LLC’s holdings, making the stock its 19th biggest position. Fiducient Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $14,938,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bank of America Corp DE increased its holdings in iShares Russell 1000 ETF by 14.9% during the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after buying an additional 616,717 shares during the period. M&T Bank Corp boosted its position in 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 acquiring an additional 112,152 shares in the last quarter. Johnson Investment Counsel Inc. increased its holdings in shares of iShares Russell 1000 ETF by 3.3% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,405,034 shares of the company’s stock valued at $477,107,000 after acquiring an additional 44,732 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Russell 1000 ETF by 6.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,370,878 shares of the company’s stock worth $465,509,000 after acquiring an additional 86,539 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of iShares Russell 1000 ETF by 5.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,344,682 shares of the company’s stock worth $456,614,000 after acquiring an additional 65,170 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB stock opened at $376.12 on Thursday. The stock’s 50-day moving average is $373.62 and its 200 day moving average is $363.62. iShares Russell 1000 ETF has a 1-year low of $264.17 and a 1-year high of $381.71. The company has a market cap of $46.75 billion, a P/E ratio of 24.71 and a beta of 1.01.

iShares Russell 1000 ETF 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.