In an unexpected move, Interchange Capital Partners LLC dramatically reduced its holdings in the iShares Russell 1000 ETF during the second quarter. According to new SEC filings, the firm has cut its stake by more than half, drawing attention to shifting strategies among investors.

Trust Co. of Vermont recently expanded its stake in iShares Russell 1000 ETF by 26.5%, reflecting the firm’s growing investment in large-cap equities. Its latest regulatory filing highlights a total holding of 687 shares, now valued at $233,000.