iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 35,957 shares of the company’s stock after selling 1,040 shares during the quarter. iShares Russell 1000 ETF accounts for 1.3% of Jaffetilchin Investment Partners LLC’s investment portfolio, making the stock its 13th biggest holding. Jaffetilchin Investment Partners LLC’s holdings in iShares Russell 1000 ETF were worth $5,656,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. 1 North Wealth Services LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $25,000. Valley National Advisers Inc. acquired a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $26,000. Cullen Frost Bankers Inc. acquired a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at approximately $34,000. Larson Financial Group LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $36,000. Finally, ERTS Wealth Advisors LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $37,000.

Shares of IWB traded up $1.45 during mid-day trading on Monday, hitting $164.24. The company’s stock had a trading volume of 1,283,983 shares, compared to its average volume of 1,128,045. The business has a 50-day moving average of $159.34. iShares Russell 1000 ETF has a 1-year low of $129.68 and a 1-year high of $165.03.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Tuesday, June 18th were issued a $0.874 dividend. This is a boost from iShares Russell 1000 ETF’s previous quarterly dividend of $0.63. This represents a $3.50 annualized dividend and a dividend yield of 2.13%. The ex-dividend date was Monday, June 17th.

About iShares Russell 1000 ETF

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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