Mill Creek Capital Advisors LLC Lowers Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Mill Creek Capital Advisors LLC decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 39.2% in the 3rd quarter, Holdings Channel reports. The firm owned 11,049 shares of the company’s stock after selling 7,131 shares during the period. Mill Creek Capital Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $3,474,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of IWB. Etesian Wealth Advisors Inc. lifted its position in iShares Russell 1000 ETF by 32.0% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock worth $390,000 after acquiring an additional 301 shares during the period. Mechanics Bank Trust Department purchased a new position in iShares Russell 1000 ETF in the 3rd quarter valued at $597,000. Cambridge Trust Co. grew its position in iShares Russell 1000 ETF by 29.7% in the 1st quarter. Cambridge Trust Co. now owns 1,760 shares of the company’s stock valued at $507,000 after buying an additional 403 shares during the last quarter. Morton Capital Management LLC CA increased its stake in iShares Russell 1000 ETF by 0.9% in the 3rd quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock valued at $1,592,000 after buying an additional 43 shares during the period. Finally, Citizens Financial Group Inc. RI lifted its stake in shares of iShares Russell 1000 ETF by 20.5% in the 1st quarter. Citizens Financial Group Inc. RI now owns 3,678 shares of the company’s stock worth $1,059,000 after acquiring an additional 625 shares during the period.

iShares Russell 1000 ETF Stock Down 1.3 %

Shares of NYSEARCA:IWB opened at $322.29 on Friday. iShares Russell 1000 ETF has a fifty-two week low of $245.70 and a fifty-two week high of $330.43. The firm’s 50-day simple moving average is $315.80 and its 200-day simple moving average is $303.12. The company has a market cap of $39.56 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

iShares Russell 1000 ETF 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.