American Financial Advisors LLC Decreases Position in iShares Russell 1000 ETF $IWB

American Financial Advisors LLC decreased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 108,328 shares of the company’s stock after selling 2,651 shares during the period. iShares Russell 1000 ETF comprises 5.2% of American Financial Advisors LLC’s portfolio, making the stock its 4th biggest position. American Financial Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $38,625,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IWB. REAP Financial Group LLC acquired a new position in shares of iShares Russell 1000 ETF in the 4th quarter worth approximately $28,000. Sound Income Strategies LLC acquired a new stake in iShares Russell 1000 ETF during the 1st quarter valued at $28,000. Advocate Investing Services LLC bought a new position in iShares Russell 1000 ETF in the 4th quarter valued at $31,000. True Wealth Design LLC bought a new position in iShares Russell 1000 ETF in the 4th quarter valued at $32,000. Finally, Optima Capital LLC acquired a new position in iShares Russell 1000 ETF in the fourth quarter worth $32,000.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $408.71 on Thursday. The business’s fifty day moving average is $407.49 and its two-hundred day moving average is $387.33. The firm has a market cap of $48.27 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 52 week low of $340.11 and a 52 week high of $415.11.

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.