Chesapeake Wealth Management Sells 400 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Chesapeake Wealth Management cut its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 25.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,177 shares of the company’s stock after selling 400 shares during the quarter. Chesapeake Wealth Management’s holdings in iShares Russell 1000 ETF were worth $350,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWB. Jones Financial Companies Lllp grew its stake in shares of iShares Russell 1000 ETF by 2.8% during the 4th quarter. Jones Financial Companies Lllp now owns 8,379,815 shares of the company’s stock worth $2,197,690,000 after acquiring an additional 227,252 shares in the last quarter. Envestnet Asset Management Inc. grew its position in iShares Russell 1000 ETF by 3.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock valued at $1,183,533,000 after purchasing an additional 146,971 shares in the last quarter. LPL Financial LLC increased its stake in iShares Russell 1000 ETF by 1.3% in the 2nd quarter. LPL Financial LLC now owns 2,341,391 shares of the company’s stock valued at $696,658,000 after buying an additional 29,339 shares during the last quarter. Catalyst Capital Advisors LLC lifted its position in iShares Russell 1000 ETF by 5.1% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 1,626,142 shares of the company’s stock worth $483,842,000 after buying an additional 78,422 shares in the last quarter. Finally, Johnson Investment Counsel Inc. boosted its stake in shares of iShares Russell 1000 ETF by 2.3% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,279,068 shares of the company’s stock worth $380,574,000 after buying an additional 28,333 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB opened at $312.42 on Friday. The business has a 50-day moving average of $301.67 and a 200-day moving average of $292.99. The stock has a market capitalization of $38.35 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $224.41 and a fifty-two week high of $314.20.

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.