Wealthfront Advisers LLC Sells 10,169 Shares of iShares Russell 1000 ETF $IWB

Wealthfront Advisers LLC trimmed its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 8.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 116,441 shares of the company’s stock after selling 10,169 shares during the quarter. Wealthfront Advisers LLC’s holdings in iShares Russell 1000 ETF were worth $39,540,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rossby Financial LCC acquired a new stake in iShares Russell 1000 ETF in the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 1st quarter worth $28,000. Woodside Wealth Management LLC acquired a new position in iShares Russell 1000 ETF during the 1st quarter valued at about $30,000. Brooklyn Investment Group purchased a new stake in shares of iShares Russell 1000 ETF during the first quarter worth about $33,000. Finally, eCIO Inc. acquired a new position in shares of iShares Russell 1000 ETF during the first quarter valued at about $36,000.

iShares Russell 1000 ETF Stock Up 0.8%

IWB stock opened at $371.57 on Friday. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $372.39. The firm has a 50 day moving average of $361.29 and a 200 day moving average of $338.84. The stock has a market capitalization of $44.29 billion, a PE ratio of 24.71 and a beta of 1.01.

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.