iShares Russell 1000 ETF $IWB Shares Sold by Center for Wealth Management Advisory

Center for Wealth Management Advisory lowered its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 24.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,663 shares of the company’s stock after selling 2,433 shares during the quarter. iShares Russell 1000 ETF accounts for 2.0% of Center for Wealth Management Advisory’s investment portfolio, making the stock its 7th biggest position. Center for Wealth Management Advisory’s holdings in iShares Russell 1000 ETF were worth $2,732,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Optivise Advisory Services LLC increased its position in iShares Russell 1000 ETF by 0.6% during the 4th quarter. Optivise Advisory Services LLC now owns 4,432 shares of the company’s stock worth $1,655,000 after purchasing an additional 27 shares in the last quarter. Oak Harbor Wealth Partners LLC boosted its position in iShares Russell 1000 ETF by 15.2% during the 4th quarter. Oak Harbor Wealth Partners LLC now owns 205 shares of the company’s stock worth $77,000 after purchasing an additional 27 shares during the period. Waterfront Wealth Inc. increased its holdings in iShares Russell 1000 ETF by 0.9% in the 4th quarter. Waterfront Wealth Inc. now owns 3,095 shares of the company’s stock valued at $1,175,000 after purchasing an additional 29 shares in the last quarter. Flagship Private Wealth LLC lifted its stake in shares of iShares Russell 1000 ETF by 2.1% during the fourth quarter. Flagship Private Wealth LLC now owns 1,396 shares of the company’s stock worth $521,000 after purchasing an additional 29 shares in the last quarter. Finally, Lansing Street Advisors grew its stake in shares of iShares Russell 1000 ETF by 0.3% in the fourth quarter. Lansing Street Advisors now owns 10,286 shares of the company’s stock valued at $3,841,000 after buying an additional 30 shares in the last quarter.

iShares Russell 1000 ETF Stock Down 0.2%

Shares of NYSEARCA:IWB opened at $408.87 on Thursday. The company has a 50 day moving average of $403.01 and a two-hundred day moving average of $383.57. The company has a market capitalization of $48.10 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 52-week low of $338.92 and a 52-week high of $415.11.

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.