Wealth Alliance LLC Lowers Holdings in iShares Russell 1000 ETF $IWB

Wealth Alliance LLC cut its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 52.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,423 shares of the company’s stock after selling 2,724 shares during the quarter. Wealth Alliance LLC’s holdings in iShares Russell 1000 ETF were worth $864,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bridgewater Advisors Inc. raised its stake in shares of iShares Russell 1000 ETF by 31.6% in the first quarter. Bridgewater Advisors Inc. now owns 1,323 shares of the company’s stock valued at $472,000 after acquiring an additional 318 shares in the last quarter. Sentinel Advisory Group LLC acquired a new position in iShares Russell 1000 ETF during the 1st quarter worth $3,768,000. Compound Planning Inc. grew its stake in iShares Russell 1000 ETF by 69.4% during the 1st quarter. Compound Planning Inc. now owns 22,016 shares of the company’s stock worth $7,850,000 after purchasing an additional 9,021 shares in the last quarter. Klingman & Associates LLC grew its stake in iShares Russell 1000 ETF by 1.1% during the 1st quarter. Klingman & Associates LLC now owns 22,034 shares of the company’s stock worth $7,856,000 after purchasing an additional 230 shares in the last quarter. Finally, Modern Wealth Management LLC increased its holdings in iShares Russell 1000 ETF by 16.6% during the 1st quarter. Modern Wealth Management LLC now owns 7,506 shares of the company’s stock worth $2,697,000 after purchasing an additional 1,066 shares during the period.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $404.18 on Friday. The business’s 50-day moving average is $407.45 and its two-hundred day moving average is $387.65. The firm has a market capitalization of $47.67 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1 year low of $340.11 and a 1 year high of $415.11.

About iShares Russell 1000 ETF

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.