Brighton Jones LLC Decreases Stock Holdings in iShares Russell 1000 ETF $IWB

Brighton Jones LLC decreased its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.4% in the second quarter, Holdings Channel.com reports. The firm owned 177,798 shares of the company’s stock after selling 629 shares during the period. iShares Russell 1000 ETF comprises about 1.6% of Brighton Jones LLC’s holdings, making the stock its 7th biggest position. Brighton Jones LLC’s holdings in iShares Russell 1000 ETF were worth $60,375,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quadrant Private Wealth Management LLC boosted its holdings in shares of iShares Russell 1000 ETF by 137.6% in the 1st quarter. Quadrant Private Wealth Management LLC now owns 1,604 shares of the company’s stock worth $492,000 after purchasing an additional 929 shares during the period. Diversified Enterprises LLC purchased a new position in iShares Russell 1000 ETF during the 2nd quarter valued at $229,000. Beacon Capital Management LLC boosted its holdings in iShares Russell 1000 ETF by 10.5% during the 2nd quarter. Beacon Capital Management LLC now owns 389 shares of the company’s stock valued at $132,000 after acquiring an additional 37 shares during the period. Capital Advisors Wealth Management LLC boosted its holdings in iShares Russell 1000 ETF by 14.3% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 1,301 shares of the company’s stock valued at $399,000 after acquiring an additional 163 shares during the period. Finally, Assetmark Inc. boosted its holdings in iShares Russell 1000 ETF by 51.6% during the 1st quarter. Assetmark Inc. now owns 7,632 shares of the company’s stock valued at $2,341,000 after acquiring an additional 2,599 shares during the period.

iShares Russell 1000 ETF Stock Up 0.8%

IWB opened at $371.57 on Friday. The business has a fifty day moving average of $361.29 and a 200 day moving average of $338.84. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $372.39. The stock has a market cap of $44.29 billion, a P/E ratio of 24.71 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.