IFP Advisors Inc Reduces Stock Holdings in iShares Russell 1000 ETF $IWB

IFP Advisors Inc lessened its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 16.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,043 shares of the company’s stock after selling 1,618 shares during the quarter. IFP Advisors Inc’s holdings in iShares Russell 1000 ETF were worth $3,294,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rockland Trust Co. grew its stake in iShares Russell 1000 ETF by 1.1% in the 2nd quarter. Rockland Trust Co. now owns 2,519 shares of the company’s stock valued at $1,032,000 after acquiring an additional 28 shares during the last quarter. High Falls Advisors Inc raised its position in iShares Russell 1000 ETF by 3.4% during the fourth quarter. High Falls Advisors Inc now owns 923 shares of the company’s stock worth $345,000 after acquiring an additional 30 shares during the last quarter. Next Capital Management LLC raised its position in iShares Russell 1000 ETF by 0.3% during the fourth quarter. Next Capital Management LLC now owns 11,948 shares of the company’s stock worth $4,462,000 after acquiring an additional 31 shares during the last quarter. Strategic Wealth Partners Ltd. lifted its holdings in shares of iShares Russell 1000 ETF by 0.9% in the third quarter. Strategic Wealth Partners Ltd. now owns 3,657 shares of the company’s stock valued at $1,337,000 after purchasing an additional 31 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in shares of iShares Russell 1000 ETF by 0.8% in the second quarter. Benjamin Edwards Inc. now owns 4,188 shares of the company’s stock valued at $1,422,000 after purchasing an additional 32 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $414.32 on Friday. The company’s 50 day simple moving average is $415.36 and its 200-day simple moving average is $397.40. The firm has a market capitalization of $48.97 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 12 month low of $345.21 and a 12 month high of $426.92.

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.