iShares Russell 1000 ETF $IWB Stake Lessened by Cambridge Associates LLC MA ADV

Cambridge Associates LLC MA ADV trimmed its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 15.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 124,298 shares of the company’s stock after selling 22,025 shares during the period. iShares Russell 1000 ETF accounts for about 0.7% of Cambridge Associates LLC MA ADV’s investment portfolio, making the stock its 20th biggest holding. Cambridge Associates LLC MA ADV owned about 0.10% of iShares Russell 1000 ETF worth $46,418,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of IWB. REAP Financial Group LLC acquired a new position in iShares Russell 1000 ETF in the fourth quarter worth about $28,000. Advocate Investing Services LLC acquired a new position in iShares Russell 1000 ETF in the fourth quarter worth about $31,000. True Wealth Design LLC acquired a new position in iShares Russell 1000 ETF in the fourth quarter worth about $32,000. Optima Capital LLC acquired a new position in iShares Russell 1000 ETF in the fourth quarter worth about $32,000. Finally, Allspring Global Investments Holdings LLC grew its stake in iShares Russell 1000 ETF by 78.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock worth $43,000 after purchasing an additional 51 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $409.23 on Wednesday. The business’s fifty day moving average price is $396.66 and its 200 day moving average price is $381.20. iShares Russell 1000 ETF has a 12-month low of $325.31 and a 12-month high of $415.11. The stock has a market capitalization of $48.15 billion, a PE ratio of 24.71 and a beta of 1.00.

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.