Montecito Bank & Trust Sells 997 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Montecito Bank & Trust decreased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 12.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,759 shares of the company’s stock after selling 997 shares during the period. Montecito Bank & Trust’s holdings in iShares Russell 1000 ETF were worth $2,125,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Financial Services Advisory Inc raised its holdings in iShares Russell 1000 ETF by 1.5% in the 3rd quarter. Financial Services Advisory Inc now owns 57,437 shares of the company’s stock valued at $18,058,000 after acquiring an additional 834 shares during the period. US Financial Advisors LLC grew its position in shares of iShares Russell 1000 ETF by 2.0% in the third quarter. US Financial Advisors LLC now owns 136,930 shares of the company’s stock valued at $43,049,000 after purchasing an additional 2,633 shares during the last quarter. Avidian Wealth Enterprises LLC increased its stake in shares of iShares Russell 1000 ETF by 0.6% during the third quarter. Avidian Wealth Enterprises LLC now owns 25,757 shares of the company’s stock worth $8,098,000 after purchasing an additional 147 shares during the period. Crestwood Advisors Group LLC lifted its holdings in iShares Russell 1000 ETF by 50.9% during the 3rd quarter. Crestwood Advisors Group LLC now owns 5,181 shares of the company’s stock worth $1,629,000 after purchasing an additional 1,747 shares during the last quarter. Finally, Landmark Wealth Management LLC bought a new stake in iShares Russell 1000 ETF in the 3rd quarter valued at $1,378,000.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB opened at $324.97 on Thursday. The firm has a market cap of $39.89 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The stock’s fifty day moving average price is $312.44 and its two-hundred day moving average price is $300.67. iShares Russell 1000 ETF has a one year low of $237.52 and a one year high of $325.46.

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.