Strategic Advisors LLC Cuts Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Strategic Advisors LLC lessened its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 12.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,903 shares of the company’s stock after selling 403 shares during the quarter. Strategic Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $890,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Redwood Park Advisors LLC purchased a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth $27,000. Millstone Evans Group LLC purchased a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth $29,000. Fourth Dimension Wealth LLC purchased a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth $36,000. Centricity Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth $39,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth $39,000.

iShares Russell 1000 ETF Stock Up 0.7%

iShares Russell 1000 ETF stock opened at $330.17 on Tuesday. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $337.76. The firm has a market capitalization of $40.26 billion, a price-to-earnings ratio of 24.42 and a beta of 1.02. The company has a fifty day simple moving average of $312.71 and a 200-day simple moving average of $319.05.

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.