ETF Watching: The Net Flows Of iShares Russell 1000 Index (ETF) Point to $-303.50M Redemptions Because Of -1.93% AUM Decrease

ETF Watching: The Net Flows Of iShares Russell 1000 Index (ETF) Point to $ 303.50M Redemptions Because Of  1.93% AUM Decrease

Today were released iShares Russell 1000 Index (ETF) (NYSEARCA:IWB)‘s weekly net flows. The ETF registered $-303.50M weekly asset outflows for -1.93% decrease, reaching $15421.00M last week. The chart of iShares Russell 1000 Index (ETF) shows negative weekly setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF decreased 0.19% or $0.23 on November 11, hitting $120.33. iShares Russell 1000 Index (ETF) (NYSEARCA:IWB) has risen 5.32% since April 12, 2016 and is uptrending. It has outperformed by 0.34% the S&P500.

The ETF’s YTD performance is 5.71%, the 1 year is 4.1% and the 3 year is 8.33%.

The ETF’s average P/E ratio is 19.17, the price to book is 2.62, the price to sales is 1.81 and the price to cashflow is 9.98. iShares Russell 1000 Index (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Apple Inc. for 2.95% of assets, Microsoft Corporation for 2.08%, Exxon Mobil Corporation Common for 1.73%, Johnson & Johnson Common Stock for 1.55%, Amazon.com Inc. for 1.55%, Facebook Inc. for 1.37%, Berkshire Hathaway Inc B for 1.30%, General Electric Company Common for 1.30%, AT&T Inc. for 1.19%, JP Morgan Chase & Co. Common St for 1.16%. The ETF sector weights are: Basic Materials 2.97%, Consumer Cyclical 11.59%, Financial Services 13.99%, Realestate 3.62%, Consumer Defensive 9.34%, Healthcare 14.21%, Utilities 3.22%, Communication Services 4.24%, Energy 7.04%, Industrials 11.18%, Technology 18.60%. The ETF currently as 0% yield.

IWB Company Profile

iShares Russell 1000 Index Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market. The Index is a subset of the Russell 3000 Index, and serves as the underlying index for the Russell 1000 Growth and Value Indices, and the Russell Top 200 and MidCap series. The Index is a capitalization-weighted index of the approximately 1,000 largest companies in the Russell 3000 Index.

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