Eagle Ridge Investment Management Sells 112 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Eagle Ridge Investment Management cut its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,907 shares of the company’s stock after selling 112 shares during the period. Eagle Ridge Investment Management’s holdings in iShares Russell 1000 ETF were worth $310,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of IWB. Dividend Assets Capital LLC purchased a new position in shares of iShares Russell 1000 ETF in the second quarter valued at about $29,000. Cullen Frost Bankers Inc. purchased a new position in shares of iShares Russell 1000 ETF in the first quarter valued at about $34,000. Ironwood Financial llc increased its position in shares of iShares Russell 1000 ETF by 81.9% in the second quarter. Ironwood Financial llc now owns 211 shares of the company’s stock valued at $34,000 after acquiring an additional 95 shares during the period. AGF Investments LLC purchased a new position in shares of iShares Russell 1000 ETF in the second quarter valued at about $41,000. Finally, Weaver Consulting Group purchased a new position in shares of iShares Russell 1000 ETF in the first quarter valued at about $43,000.

Shares of IWB stock traded up $0.38 during mid-day trading on Thursday, reaching $158.09. The stock had a trading volume of 85,118 shares, compared to its average volume of 1,093,807. The company has a 50-day moving average price of $164.53. iShares Russell 1000 ETF has a 52-week low of $129.68 and a 52-week high of $168.10.

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.

Further Reading: Futures Contract

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Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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