iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 24.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,750 shares of the company’s stock after selling 13,926 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Russell 1000 ETF were worth $13,017,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWB. Waterloo Capital L.P. acquired a new position in iShares Russell 1000 ETF during the 4th quarter worth $4,471,000. Envestnet Asset Management Inc. boosted its position in iShares Russell 1000 ETF by 3.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after acquiring an additional 146,971 shares during the period. Miller Investment Management LP acquired a new position in iShares Russell 1000 ETF during the 4th quarter worth $991,000. Guardian Wealth Advisors LLC NC boosted its position in iShares Russell 1000 ETF by 3.1% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 9,490 shares of the company’s stock worth $2,489,000 after acquiring an additional 288 shares during the period. Finally, Creative Planning boosted its position in iShares Russell 1000 ETF by 5.2% during the 4th quarter. Creative Planning now owns 679,933 shares of the company’s stock worth $178,319,000 after acquiring an additional 33,645 shares during the period.

iShares Russell 1000 ETF Stock Performance

IWB opened at $312.35 on Thursday. iShares Russell 1000 ETF has a one year low of $224.41 and a one year high of $314.29. The stock’s fifty day moving average is $301.89 and its 200-day moving average is $293.62. The company has a market capitalization of $38.34 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.