Mycio Wealth Partners LLC Reduces Stake in iShares Russell 1000 ETF $IWB

Mycio Wealth Partners LLC reduced its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 62.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,372 shares of the company’s stock after selling 3,991 shares during the period. iShares Russell 1000 ETF makes up about 0.2% of Mycio Wealth Partners LLC’s investment portfolio, making the stock its 26th biggest position. Mycio Wealth Partners LLC’s holdings in iShares Russell 1000 ETF were worth $806,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quadrant Private Wealth Management LLC boosted its stake in shares of iShares Russell 1000 ETF by 137.6% in the 1st quarter. Quadrant Private Wealth Management LLC now owns 1,604 shares of the company’s stock worth $492,000 after buying an additional 929 shares during the last quarter. Diversified Enterprises LLC bought a new position in iShares Russell 1000 ETF in the 2nd quarter worth $229,000. Beacon Capital Management LLC increased its holdings in shares of iShares Russell 1000 ETF by 10.5% in the second quarter. Beacon Capital Management LLC now owns 389 shares of the company’s stock worth $132,000 after purchasing an additional 37 shares during the last quarter. Capital Advisors Wealth Management LLC increased its holdings in shares of iShares Russell 1000 ETF by 14.3% in the first quarter. Capital Advisors Wealth Management LLC now owns 1,301 shares of the company’s stock worth $399,000 after purchasing an additional 163 shares during the last quarter. Finally, Assetmark Inc. increased its holdings in shares of iShares Russell 1000 ETF by 51.6% in the first quarter. Assetmark Inc. now owns 7,632 shares of the company’s stock worth $2,341,000 after purchasing an additional 2,599 shares during the last quarter.

iShares Russell 1000 ETF Trading Up 0.8%

Shares of IWB stock opened at $371.57 on Friday. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $372.39. The stock’s 50-day moving average price is $361.29 and its 200-day moving average price is $338.38. The stock has a market capitalization of $44.29 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.

iShares Russell 1000 ETF Company 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.