iShares Russell 1000 ETF (NYSEARCA:IWB) Stake Trimmed by Modera Wealth Management LLC

Modera Wealth Management LLC reduced its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 96,309 shares of the company’s stock after selling 4,032 shares during the period. iShares Russell 1000 ETF comprises 2.9% of Modera Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. Modera Wealth Management LLC owned approximately 0.08% of iShares Russell 1000 ETF worth $15,678,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Evensky & Katz LLC increased its stake in iShares Russell 1000 ETF by 0.5% during the 2nd quarter. Evensky & Katz LLC now owns 12,091 shares of the company’s stock worth $1,968,000 after buying an additional 64 shares during the period. AdvisorNet Financial Inc increased its position in shares of iShares Russell 1000 ETF by 19.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 400 shares of the company’s stock valued at $65,000 after purchasing an additional 65 shares during the last quarter. Abbrea Capital LLC increased its position in shares of iShares Russell 1000 ETF by 0.9% in the 2nd quarter. Abbrea Capital LLC now owns 7,493 shares of the company’s stock valued at $1,220,000 after purchasing an additional 70 shares during the last quarter. Barrett Asset Management LLC increased its position in shares of iShares Russell 1000 ETF by 0.3% in the 1st quarter. Barrett Asset Management LLC now owns 28,933 shares of the company’s stock valued at $4,551,000 after purchasing an additional 75 shares during the last quarter. Finally, Concentric Wealth Management LLC increased its position in shares of iShares Russell 1000 ETF by 2.7% in the 2nd quarter. Concentric Wealth Management LLC now owns 2,844 shares of the company’s stock valued at $463,000 after purchasing an additional 75 shares during the last quarter.

Shares of NYSEARCA:IWB traded down $4.16 during trading hours on Friday, reaching $158.16. The stock had a trading volume of 701,319 shares, compared to its average volume of 1,078,244. iShares Russell 1000 ETF has a 1 year low of $129.68 and a 1 year high of $168.10. The firm’s 50 day moving average is $164.04 and its 200-day moving average is $159.76.

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.

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Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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