GC Wealth Management RIA LLC Sells 2,575 Shares of iShares Russell 1000 ETF $IWB

GC Wealth Management RIA LLC lessened its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 9.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 23,643 shares of the company’s stock after selling 2,575 shares during the period. GC Wealth Management RIA LLC’s holdings in iShares Russell 1000 ETF were worth $8,430,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. REAP Financial Group LLC bought a new stake in iShares Russell 1000 ETF in the fourth quarter worth about $28,000. Sound Income Strategies LLC bought a new position in shares of iShares Russell 1000 ETF during the first quarter valued at approximately $28,000. Advocate Investing Services LLC bought a new position in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $31,000. Optima Capital LLC purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter worth approximately $32,000. Finally, Wagner Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the first quarter worth approximately $32,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $403.98 on Friday. The stock has a 50 day moving average price of $407.42 and a 200 day moving average price of $387.54. iShares Russell 1000 ETF has a 52-week low of $340.11 and a 52-week high of $415.11. The firm has a market capitalization of $47.65 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.