Linscomb Wealth Inc. Decreases Position in iShares Russell 1000 ETF $IWB

Linscomb Wealth Inc. lessened its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,246 shares of the company’s stock after selling 571 shares during the period. Linscomb Wealth Inc.’s holdings in iShares Russell 1000 ETF were worth $4,498,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWB. Rossby Financial LCC purchased a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at $25,000. Woodside Wealth Management LLC purchased a new position in iShares Russell 1000 ETF in the 1st quarter worth $30,000. Brooklyn Investment Group purchased a new position in iShares Russell 1000 ETF in the 1st quarter worth $33,000. eCIO Inc. acquired a new stake in iShares Russell 1000 ETF during the first quarter worth about $36,000. Finally, Silver Oak Securities Incorporated acquired a new stake in iShares Russell 1000 ETF during the first quarter worth about $37,000.

iShares Russell 1000 ETF Stock Down 1.0%

iShares Russell 1000 ETF stock opened at $372.37 on Friday. The firm has a market cap of $44.54 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $377.77. The business’s 50-day moving average price is $363.24 and its 200 day moving average price is $341.09.

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.