iShares Russell 1000 ETF $IWB Position Lessened by ACT Wealth Management LLC

ACT Wealth Management LLC lessened its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,833 shares of the company’s stock after selling 1,625 shares during the quarter. iShares Russell 1000 ETF makes up 9.9% of ACT Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. ACT Wealth Management LLC owned 0.07% of iShares Russell 1000 ETF worth $33,221,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. MCF Advisors LLC increased its position in iShares Russell 1000 ETF by 127.6% during the 2nd quarter. MCF Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 37 shares during the period. Sound Income Strategies LLC bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at about $28,000. Planning Strategies Inc. purchased a new position in shares of iShares Russell 1000 ETF during the third quarter valued at about $30,000. Wagner Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the first quarter valued at about $32,000. Finally, Coppell Advisory Solutions LLC bought a new position in iShares Russell 1000 ETF in the second quarter worth about $36,000.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $422.52 on Friday. The stock’s 50 day simple moving average is $419.68 and its two-hundred day simple moving average is $404.28. The stock has a market cap of $49.20 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a fifty-two week low of $345.21 and a fifty-two week high of $427.04.

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.