Comerica Bank Sells 20,791 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Comerica Bank decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 662,867 shares of the company’s stock after selling 20,791 shares during the quarter. iShares Russell 1000 ETF makes up about 0.8% of Comerica Bank’s investment portfolio, making the stock its 14th largest position. Comerica Bank owned approximately 0.54% of iShares Russell 1000 ETF worth $197,230,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LRI Investments LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at $27,000. Transcendent Capital Group LLC increased its stake in shares of iShares Russell 1000 ETF by 76.4% in the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after buying an additional 42 shares during the period. Rosenberg Matthew Hamilton increased its stake in shares of iShares Russell 1000 ETF by 176.7% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after buying an additional 76 shares during the period. JNBA Financial Advisors acquired a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at $50,000. Finally, Concourse Financial Group Securities Inc. increased its stake in shares of iShares Russell 1000 ETF by 164.0% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 198 shares of the company’s stock valued at $57,000 after buying an additional 123 shares during the period.

iShares Russell 1000 ETF Stock Down 0.1 %

Shares of iShares Russell 1000 ETF stock opened at $313.24 on Friday. iShares Russell 1000 ETF has a 12 month low of $224.41 and a 12 month high of $314.80. The business has a fifty day simple moving average of $302.26 and a 200 day simple moving average of $293.89. The stock has a market cap of $38.45 billion, a PE ratio of 24.68 and a beta of 1.01.

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.