RMB Capital Management LLC lessened its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,659 shares of the company’s stock after selling 1,539 shares during the period. RMB Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $1,617,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in IWB. Captrust Financial Advisors raised its stake in iShares Russell 1000 ETF by 18.8% in the 4th quarter. Captrust Financial Advisors now owns 81,317 shares of the company’s stock worth $11,278,000 after purchasing an additional 12,876 shares in the last quarter. Magnus Financial Group LLC acquired a new stake in iShares Russell 1000 ETF in the 4th quarter worth about $2,695,000. Brown Advisory Inc. raised its stake in iShares Russell 1000 ETF by 47.3% in the 4th quarter. Brown Advisory Inc. now owns 42,793 shares of the company’s stock worth $5,935,000 after purchasing an additional 13,737 shares in the last quarter. Brown Advisory Securities LLC acquired a new stake in iShares Russell 1000 ETF in the 4th quarter worth about $558,000. Finally, Scharf Investments LLC acquired a new stake in iShares Russell 1000 ETF in the 4th quarter worth about $11,394,000.
Shares of iShares Russell 1000 ETF stock opened at $157.26 on Friday. iShares Russell 1000 ETF has a twelve month low of $129.68 and a twelve month high of $164.13.
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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.
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