Kestra Private Wealth Services LLC Cuts Stock Holdings in iShares Russell 1000 ETF $IWB

Kestra Private Wealth Services LLC reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 39.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,814 shares of the company’s stock after selling 3,090 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares Russell 1000 ETF were worth $1,717,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of iShares Russell 1000 ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock worth $58,807,000 after purchasing an additional 6,006 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in iShares Russell 1000 ETF by 56.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock valued at $486,000 after buying an additional 542 shares during the last quarter. First Trust Advisors LP grew its holdings in iShares Russell 1000 ETF by 32.3% during the 2nd quarter. First Trust Advisors LP now owns 1,307 shares of the company’s stock valued at $444,000 after buying an additional 319 shares in the last quarter. Jump Financial LLC purchased a new position in iShares Russell 1000 ETF during the 2nd quarter valued at approximately $2,403,000. Finally, Qube Research & Technologies Ltd grew its holdings in iShares Russell 1000 ETF by 18.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 3,418 shares of the company’s stock valued at $1,161,000 after buying an additional 535 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

NYSEARCA:IWB opened at $406.31 on Tuesday. The company has a market cap of $47.80 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1 year low of $338.07 and a 1 year high of $415.11. The stock’s 50 day simple moving average is $402.19 and its two-hundred day simple moving average is $383.12.

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.