New Wave Wealth Advisors LLC reduced its position in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 48.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 6,216 shares of the company’s stock after selling 5,874 shares during the period. New Wave Wealth Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $2,640,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Prairie Advisory LLC raised its stake in iShares Russell 1000 ETF by 100.3% in the third quarter. Prairie Advisory LLC now owns 6,196 shares of the company’s stock valued at $2,579,000 after buying an additional 3,102 shares during the period. IFP Advisors Inc lifted its position in shares of iShares Russell 1000 ETF by 5.6% in the third quarter. IFP Advisors Inc now owns 8,495 shares of the company’s stock valued at $3,535,000 after buying an additional 452 shares during the last quarter. Gemmer Asset Management LLC lifted its position in shares of iShares Russell 1000 ETF by 0.5% in the third quarter. Gemmer Asset Management LLC now owns 7,134 shares of the company’s stock valued at $2,968,000 after buying an additional 35 shares during the last quarter. Align Financial LLC bought a new position in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $741,000. Finally, USA Financial Formulas bought a new position in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $675,000.
iShares Russell 1000 ETF Stock Up 0.5%
Shares of IWB stock traded up $1.94 during trading on Monday, reaching $418.71. 253,520 shares of the company’s stock were exchanged, compared to its average volume of 1,007,469. The stock has a market capitalization of $48.80 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a twelve month low of $345.21 and a twelve month high of $427.04. The firm’s fifty day moving average price is $420.14 and its 200-day moving average price is $407.14.
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.
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