Omega Financial Group LLC Sells 625 Shares of iShares Russell 1000 ETF $IWB

Omega Financial Group LLC cut its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,631 shares of the company’s stock after selling 625 shares during the period. iShares Russell 1000 ETF comprises approximately 3.1% of Omega Financial Group LLC’s investment portfolio, making the stock its 11th biggest position. Omega Financial Group LLC’s holdings in iShares Russell 1000 ETF were worth $8,703,000 at the end of the most recent quarter.

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

iShares Russell 1000 ETF Price Performance

IWB stock opened at $368.04 on Friday. The stock has a market cap of $44.31 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The company has a 50 day simple moving average of $366.57 and a 200 day simple moving average of $346.57. iShares Russell 1000 ETF has a 1 year low of $264.17 and a 1 year high of $377.77.

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.