Cwm LLC Trims Position in iShares Russell 1000 ETF $IWB

Cwm LLC decreased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 61.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 47,050 shares of the company’s stock after selling 73,808 shares during the period. Cwm LLC’s holdings in iShares Russell 1000 ETF were worth $15,977,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in IWB. Brighton Jones LLC boosted its stake in shares of iShares Russell 1000 ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock worth $58,807,000 after buying an additional 6,006 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of iShares Russell 1000 ETF by 56.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock worth $486,000 after buying an additional 542 shares during the period. Ritholtz Wealth Management boosted its stake in shares of iShares Russell 1000 ETF by 24.4% during the first quarter. Ritholtz Wealth Management now owns 1,238 shares of the company’s stock worth $380,000 after buying an additional 243 shares during the period. GEM Asset Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the first quarter worth about $220,000. Finally, Sowell Financial Services LLC acquired a new stake in shares of iShares Russell 1000 ETF during the first quarter worth about $598,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $364.04 on Tuesday. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $369.87. The company has a market capitalization of $43.27 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The firm has a 50-day simple moving average of $358.37 and a 200-day simple moving average of $334.35.

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.