Wealthfront Advisers LLC Sells 3,370 Shares of iShares Russell 1000 ETF $IWB

Wealthfront Advisers LLC lessened its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 113,071 shares of the company’s stock after selling 3,370 shares during the period. Wealthfront Advisers LLC owned 0.09% of iShares Russell 1000 ETF worth $41,325,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Rede Wealth LLC acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at $2,475,000. First Horizon Corp acquired a new position in iShares Russell 1000 ETF in the third quarter valued at about $2,240,000. Belpointe Asset Management LLC boosted its holdings in iShares Russell 1000 ETF by 109.2% during the third quarter. Belpointe Asset Management LLC now owns 10,904 shares of the company’s stock worth $3,985,000 after buying an additional 5,692 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of iShares Russell 1000 ETF during the 2nd quarter worth about $1,485,000. Finally, Cerity Partners LLC increased its stake in shares of iShares Russell 1000 ETF by 1.1% in the 3rd quarter. Cerity Partners LLC now owns 757,510 shares of the company’s stock valued at $276,854,000 after acquiring an additional 8,149 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA:IWB opened at $380.36 on Tuesday. The firm’s 50 day simple moving average is $376.62 and its 200 day simple moving average is $366.89. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $382.34. The company has a market capitalization of $46.96 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.

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.