Hillcrest Wealth Advisors NY LLC Lowers Stock Holdings in iShares Russell 1000 ETF $IWB

Hillcrest Wealth Advisors NY LLC decreased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.7% during the second quarter, Holdings Channel reports. The institutional investor owned 7,895 shares of the company’s stock after selling 300 shares during the period. iShares Russell 1000 ETF makes up approximately 1.3% of Hillcrest Wealth Advisors NY LLC’s investment portfolio, making the stock its 19th biggest position. Hillcrest Wealth Advisors NY LLC’s holdings in iShares Russell 1000 ETF were worth $2,681,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IWB. Rossby Financial LCC purchased a new stake in iShares Russell 1000 ETF in the 1st quarter worth $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF in the 1st quarter worth $28,000. Woodside Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF in the 1st quarter worth $30,000. Brooklyn Investment Group purchased a new stake in iShares Russell 1000 ETF in the 1st quarter worth $33,000. Finally, eCIO Inc. purchased a new stake in iShares Russell 1000 ETF in the 1st quarter worth $36,000.

iShares Russell 1000 ETF Stock Up 0.0%

Shares of IWB stock opened at $367.47 on Monday. The stock has a market cap of $44.21 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $369.33. The company’s fifty day simple moving average is $356.10 and its two-hundred day simple moving average is $332.07.

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.