Prime Capital Investment Advisors LLC Sells 234 Shares of iShares Russell 1000 ETF $IWB

Prime Capital Investment Advisors LLC decreased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,247 shares of the company’s stock after selling 234 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $2,121,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rossby Financial LCC bought a new position in shares of iShares Russell 1000 ETF during the 1st quarter worth $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF during the 1st quarter worth $28,000. Woodside Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF during the 1st quarter worth $30,000. Brooklyn Investment Group bought a new position in shares of iShares Russell 1000 ETF during the 1st quarter worth $33,000. Finally, eCIO Inc. bought a new position in shares of iShares Russell 1000 ETF during the 1st quarter worth $36,000.

iShares Russell 1000 ETF Trading Down 0.4%

IWB opened at $367.23 on Wednesday. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $369.55. The business’s fifty day simple moving average is $356.84 and its 200-day simple moving average is $332.72. The company has a market capitalization of $43.74 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.