iShares Russell 1000 ETF $IWB Shares Sold by Wescott Financial Advisory Group LLC

by · The Markets Daily

Wescott Financial Advisory Group LLC lessened its stake in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 1.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 89,455 shares of the company’s stock after selling 1,060 shares during the quarter. iShares Russell 1000 ETF comprises about 2.9% of Wescott Financial Advisory Group LLC’s investment portfolio, making the stock its 10th largest holding. Wescott Financial Advisory Group LLC owned about 0.07% of iShares Russell 1000 ETF worth $30,376,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares Russell 1000 ETF Stock Down 1.0%

Shares of NYSEARCA IWB opened at $364.16 on Tuesday. iShares Russell 1000 ETF has a twelve month low of $264.17 and a twelve month high of $377.77. The stock has a market cap of $43.84 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The company’s fifty day moving average is $366.94 and its 200-day moving average is $348.03.

About iShares Russell 1000 ETF

(Free Report)

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.

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