Daido Life Insurance Co. Sells 358,960 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Daido Life Insurance Co. cut its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 31.8% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 771,438 shares of the company’s stock after selling 358,960 shares during the period. iShares Russell 1000 ETF makes up approximately 26.3% of Daido Life Insurance Co.’s holdings, making the stock its 2nd largest holding. Daido Life Insurance Co. owned about 0.63% of iShares Russell 1000 ETF worth $229,534,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWB. Waterloo Capital L.P. purchased a new stake in iShares Russell 1000 ETF during the 4th quarter worth approximately $4,471,000. Envestnet Asset Management Inc. increased its holdings 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 purchasing an additional 146,971 shares during the last quarter. Miller Investment Management LP bought a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $991,000. Guardian Wealth Advisors LLC NC increased its holdings in shares of iShares Russell 1000 ETF by 3.1% in the 4th quarter. Guardian Wealth Advisors LLC NC now owns 9,490 shares of the company’s stock valued at $2,489,000 after acquiring an additional 288 shares during the last quarter. Finally, TSA Wealth Managment LLC bought a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $1,144,000.

iShares Russell 1000 ETF Trading Down 0.3 %

Shares of NYSEARCA IWB opened at $300.90 on Friday. iShares Russell 1000 ETF has a twelve month low of $224.41 and a twelve month high of $309.61. The company has a market capitalization of $36.94 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The business has a 50 day simple moving average of $300.91 and a 200-day simple moving average of $290.90.

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.