Sage Mountain Advisors LLC Has $6.05 Million Stock Holdings in iShares Russell 1000 ETF $IWB

Sage Mountain Advisors LLC lessened its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,827 shares of the company’s stock after selling 185 shares during the period. Sage Mountain Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $6,054,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rossby Financial LCC acquired a new stake in shares of iShares Russell 1000 ETF in the first quarter worth $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the first quarter worth $28,000. Woodside Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the first quarter worth $30,000. Brooklyn Investment Group acquired a new stake in iShares Russell 1000 ETF during the first quarter valued at $33,000. Finally, eCIO Inc. acquired a new stake in iShares Russell 1000 ETF during the first quarter valued at $36,000.

iShares Russell 1000 ETF Trading Up 0.8%

IWB opened at $371.57 on Friday. The stock has a market cap of $44.29 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 1 year low of $264.17 and a 1 year high of $372.39. The stock has a fifty day moving average price of $361.29 and a 200 day moving average price of $338.38.

iShares Russell 1000 ETF Profile

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.