JPMorgan Chase & Co. Cuts Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

JPMorgan Chase & Co. decreased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.2% during the 3rd quarter, Holdings Channel reports. The firm owned 1,187,570 shares of the company’s stock after selling 1,975 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Russell 1000 ETF were worth $373,360,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Etesian Wealth Advisors Inc. lifted its position in iShares Russell 1000 ETF by 32.0% during the third quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock worth $390,000 after buying an additional 301 shares during the period. Mechanics Bank Trust Department acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at $597,000. Morton Capital Management LLC CA grew its stake in shares of iShares Russell 1000 ETF by 0.9% during the 3rd quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock valued at $1,592,000 after buying an additional 43 shares during the period. First Citizens Bank & Trust Co. increased its holdings in shares of iShares Russell 1000 ETF by 125.2% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 11,686 shares of the company’s stock worth $3,674,000 after buying an additional 6,497 shares during the last quarter. Finally, FinTrust Capital Advisors LLC boosted its holdings in iShares Russell 1000 ETF by 9.6% in the third quarter. FinTrust Capital Advisors LLC now owns 35,401 shares of the company’s stock valued at $11,130,000 after acquiring an additional 3,111 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

iShares Russell 1000 ETF stock opened at $327.07 on Monday. iShares Russell 1000 ETF has a 12 month low of $257.07 and a 12 month high of $336.18. The company has a market cap of $40.15 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The stock’s 50-day moving average is $326.52 and its 200-day moving average is $312.05.

About iShares Russell 1000 ETF

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.