TRUE Private Wealth Advisors Lowers Holdings in iShares Russell 1000 ETF $IWB

TRUE Private Wealth Advisors lessened its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 14.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,795 shares of the company’s stock after selling 298 shares during the quarter. TRUE Private Wealth Advisors’ holdings in iShares Russell 1000 ETF were worth $610,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IWB. Brooklyn Investment Group acquired a new position in iShares Russell 1000 ETF during the 1st quarter worth about $33,000. eCIO Inc. acquired a new position in shares of iShares Russell 1000 ETF in the first quarter valued at approximately $36,000. Fiduciary Wealth Partners LLC purchased a new stake in iShares Russell 1000 ETF during the 1st quarter worth approximately $45,000. RMG Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF during the 2nd quarter worth approximately $45,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new position in shares of iShares Russell 1000 ETF in the second quarter worth $49,000.

iShares Russell 1000 ETF Trading Down 0.7%

Shares of NYSEARCA IWB opened at $361.56 on Wednesday. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $377.77. The stock has a market cap of $43.53 billion, a P/E ratio of 24.71 and a beta of 1.01. The business’s fifty day simple moving average is $367.02 and its 200-day simple moving average is $348.38.

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.