1900 Wealth Management LLC Lowers Holdings in iShares Russell 1000 ETF $IWB

1900 Wealth Management LLC reduced its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 43.7% in the third quarter, Holdings Channel reports. The firm owned 30,501 shares of the company’s stock after selling 23,696 shares during the period. iShares Russell 1000 ETF comprises approximately 0.8% of 1900 Wealth Management LLC’s holdings, making the stock its 16th biggest position. 1900 Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $11,147,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IWB. Flow Traders U.S. LLC bought a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter worth $1,485,000. Diversified Enterprises LLC bought a new position in iShares Russell 1000 ETF during the second quarter valued at approximately $229,000. 17 Capital Partners LLC raised its stake in shares of iShares Russell 1000 ETF by 5.6% during the second quarter. 17 Capital Partners LLC now owns 4,853 shares of the company’s stock worth $1,648,000 after acquiring an additional 257 shares in the last quarter. Cambridge Financial Group LLC lifted its holdings in shares of iShares Russell 1000 ETF by 141.8% in the 3rd quarter. Cambridge Financial Group LLC now owns 11,717 shares of the company’s stock worth $4,282,000 after acquiring an additional 6,872 shares during the last quarter. Finally, Beacon Pointe Advisors LLC boosted its stake in shares of iShares Russell 1000 ETF by 0.9% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 116,486 shares of the company’s stock valued at $39,555,000 after purchasing an additional 1,066 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $378.10 on Monday. The firm has a market cap of $45.52 billion, a P/E ratio of 24.71 and a beta of 1.01. The firm’s fifty day moving average is $371.51 and its 200 day moving average is $358.30. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $378.86.

iShares Russell 1000 ETF 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.