King Luther Capital Management Corp Cuts Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

King Luther Capital Management Corp decreased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 12.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,974 shares of the company’s stock after selling 8,178 shares during the quarter. King Luther Capital Management Corp’s holdings in iShares Russell 1000 ETF were worth $15,204,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Mascoma Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF during the 4th quarter worth approximately $25,000. Cullen Frost Bankers Inc. purchased a new position in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $28,000. Baystate Wealth Management LLC raised its stake in shares of iShares Russell 1000 ETF by 70.8% during the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after buying an additional 51 shares in the last quarter. Robinson Capital Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $33,000. Finally, Stonebridge Capital Advisors LLC raised its stake in shares of iShares Russell 1000 ETF by 113.0% during the 3rd quarter. Stonebridge Capital Advisors LLC now owns 196 shares of the company’s stock worth $46,000 after buying an additional 104 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock traded down $1.34 during midday trading on Wednesday, reaching $290.47. The stock had a trading volume of 264,976 shares, compared to its average volume of 719,533. iShares Russell 1000 ETF has a twelve month low of $224.41 and a twelve month high of $291.99. The stock has a market capitalization of $35.66 billion, a PE ratio of 24.68 and a beta of 1.01. The stock’s 50-day simple moving average is $283.32 and its 200 day simple moving average is $270.07.

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.