Investors Sell iShares Russell 1000 ETF (IWB) on Strength (IWB)

Investors sold shares of iShares Russell 1000 ETF (NYSEARCA:IWB) on strength during trading on Tuesday. $44.13 million flowed into the stock on the tick-up and $78.57 million flowed out of the stock on the tick-down, for a money net flow of $34.44 million out of the stock. Of all companies tracked, iShares Russell 1000 ETF had the 0th highest net out-flow for the day. iShares Russell 1000 ETF traded up $3.24 for the day and closed at $155.73

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 2nd. Stockholders of record on Thursday, September 27th were issued a $0.7395 dividend. This is a positive change from iShares Russell 1000 ETF’s previous quarterly dividend of $0.68. This represents a $2.96 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend was Wednesday, September 26th.

Hedge funds have recently modified their holdings of the company. Massmutual Trust Co. FSB ADV acquired a new stake in iShares Russell 1000 ETF during the 1st quarter worth approximately $111,000. Squar Milner Financial Services LLC acquired a new stake in iShares Russell 1000 ETF during the 2nd quarter worth approximately $125,000. Cornerstone Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF during the 2nd quarter worth approximately $130,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in iShares Russell 1000 ETF during the 2nd quarter worth approximately $163,000. Finally, Landaas & Co. WI ADV acquired a new stake in iShares Russell 1000 ETF during the 2nd quarter worth approximately $166,000.

About iShares Russell 1000 ETF (NYSEARCA:IWB)

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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