iShares Russell 1000 ETF (NYSEARCA:IWB) Stake Decreased by Franklin Parlapiano Turner & Welch LLC

Franklin Parlapiano Turner & Welch LLC reduced its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,647 shares of the company’s stock after selling 3,544 shares during the period. iShares Russell 1000 ETF accounts for about 9.1% of Franklin Parlapiano Turner & Welch LLC’s investment portfolio, making the stock its 4th largest position. Franklin Parlapiano Turner & Welch LLC’s holdings in iShares Russell 1000 ETF were worth $33,713,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC raised its holdings in iShares Russell 1000 ETF by 239.3% in the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after buying an additional 67 shares during the period. Winch Advisory Services LLC purchased a new position in iShares Russell 1000 ETF in the third quarter valued at approximately $30,000. Clarkston Capital Partners LLC purchased a new position in iShares Russell 1000 ETF in the third quarter valued at approximately $32,000. Archer Investment Corp purchased a new position in iShares Russell 1000 ETF in the third quarter valued at approximately $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares Russell 1000 ETF in the fourth quarter valued at approximately $51,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $331.97 on Thursday. iShares Russell 1000 ETF has a one year low of $265.70 and a one year high of $336.61. The company’s 50 day moving average price is $328.91 and its 200 day moving average price is $316.20. The firm has a market capitalization of $40.75 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.