Cornerstone Wealth Group LLC Decreases Stock Holdings in iShares Russell 1000 ETF $IWB

Cornerstone Wealth Group LLC decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 61,980 shares of the company’s stock after selling 1,410 shares during the quarter. iShares Russell 1000 ETF accounts for approximately 1.6% of Cornerstone Wealth Group LLC’s holdings, making the stock its 12th biggest position. Cornerstone Wealth Group LLC owned approximately 0.05% of iShares Russell 1000 ETF worth $23,146,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Rede Wealth LLC purchased a new position in iShares Russell 1000 ETF in the 3rd quarter worth about $2,475,000. First Horizon Corp purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $2,240,000. Belpointe Asset Management LLC increased its position in shares of iShares Russell 1000 ETF by 109.2% during the 3rd quarter. Belpointe Asset Management LLC now owns 10,904 shares of the company’s stock valued at $3,985,000 after purchasing an additional 5,692 shares during the last quarter. Calamos Wealth Management LLC increased its position in shares of iShares Russell 1000 ETF by 16.5% during the 3rd quarter. Calamos Wealth Management LLC now owns 10,400 shares of the company’s stock valued at $3,801,000 after purchasing an additional 1,474 shares during the last quarter. Finally, Cerity Partners LLC increased its position in shares of iShares Russell 1000 ETF by 1.1% during the 3rd quarter. Cerity Partners LLC now owns 757,510 shares of the company’s stock valued at $276,854,000 after purchasing an additional 8,149 shares during the last quarter.

iShares Russell 1000 ETF Stock Up 0.8%

NYSEARCA IWB opened at $383.32 on Thursday. iShares Russell 1000 ETF has a 52 week low of $279.04 and a 52 week high of $383.49. The firm has a market capitalization of $45.52 billion, a P/E ratio of 24.71 and a beta of 1.01. The company has a 50-day moving average price of $369.11 and a 200-day moving average price of $371.33.

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.