Empirical Financial Services LLC d.b.a. Empirical Wealth Management Lowers Stake in iShares Russell 1000 ETF $IWB

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lessened its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 70.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,546 shares of the company’s stock after selling 18,061 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares Russell 1000 ETF were worth $2,562,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Quadrant Private Wealth Management LLC grew its position in iShares Russell 1000 ETF by 137.6% during the first quarter. Quadrant Private Wealth Management LLC now owns 1,604 shares of the company’s stock valued at $492,000 after acquiring an additional 929 shares during the period. Diversified Enterprises LLC purchased a new stake in shares of iShares Russell 1000 ETF in the second quarter worth about $229,000. Sowell Financial Services LLC purchased a new stake in shares of iShares Russell 1000 ETF in the first quarter worth about $598,000. Capital Advisors Wealth Management LLC boosted its position 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 buying an additional 163 shares during the period. Finally, Beacon Capital Management LLC boosted its position 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 buying an additional 37 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB opened at $367.47 on Friday. iShares Russell 1000 ETF has a 1-year low of $264.17 and a 1-year high of $369.33. The business has a 50-day moving average of $356.10 and a 200-day moving average of $331.76. The company has a market capitalization of $44.21 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.

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.