Empower Advisory Group LLC Has $162.61 Million Stock Position in iShares Russell 1000 ETF $IWB

Empower Advisory Group LLC lowered its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 478,858 shares of the company’s stock after selling 13,717 shares during the quarter. Empower Advisory Group LLC owned approximately 0.40% of iShares Russell 1000 ETF worth $162,606,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in IWB. Brooklyn Investment Group bought a new position in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $33,000. eCIO Inc. bought a new position in iShares Russell 1000 ETF during the 1st quarter worth approximately $36,000. Fiduciary Wealth Partners LLC acquired a new position in iShares Russell 1000 ETF during the first quarter valued at approximately $45,000. RMG Wealth Management LLC acquired a new position in iShares Russell 1000 ETF during the second quarter valued at approximately $45,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in iShares Russell 1000 ETF in the second quarter valued at approximately $49,000.

iShares Russell 1000 ETF Stock Performance

IWB opened at $367.88 on Friday. The firm’s fifty day moving average is $366.80 and its two-hundred day moving average is $347.02. The firm has a market cap of $44.29 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $264.17 and a twelve month high of $377.77.

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.