Comerica Bank Sells 20,791 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Comerica Bank trimmed its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 662,867 shares of the company’s stock after selling 20,791 shares during the period. iShares Russell 1000 ETF accounts for approximately 0.8% of Comerica Bank’s investment portfolio, making the stock its 14th biggest position. Comerica Bank’s holdings in iShares Russell 1000 ETF were worth $197,230,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Waterloo Capital L.P. bought a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at $4,471,000. Envestnet Asset Management Inc. increased its holdings 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 during the period. Miller Investment Management LP acquired a new stake in iShares Russell 1000 ETF in the fourth quarter valued at $991,000. Guardian Wealth Advisors LLC NC increased its holdings in iShares Russell 1000 ETF by 3.1% in the fourth quarter. Guardian Wealth Advisors LLC NC now owns 9,490 shares of the company’s stock valued at $2,489,000 after purchasing an additional 288 shares during the period. Finally, Creative Planning increased its holdings in iShares Russell 1000 ETF by 5.2% in the fourth quarter. Creative Planning now owns 679,933 shares of the company’s stock valued at $178,319,000 after purchasing an additional 33,645 shares during the period.

iShares Russell 1000 ETF Stock Down 0.1 %

NYSEARCA IWB opened at $313.24 on Friday. The company has a market capitalization of $38.45 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $224.41 and a twelve month high of $314.80. The stock has a fifty day simple moving average of $302.26 and a 200 day simple moving average of $293.89.

iShares Russell 1000 ETF Company 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.