IFP Advisors Inc Decreases Stake in iShares Russell 1000 ETF $IWB
by Tristan Rich · The Markets DailyIFP Advisors Inc lessened its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 16.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,043 shares of the company’s stock after selling 1,618 shares during the period. IFP Advisors Inc’s holdings in iShares Russell 1000 ETF were worth $3,294,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of IWB. REAP Financial Group LLC acquired a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth $28,000. Sound Income Strategies LLC acquired a new stake in shares of iShares Russell 1000 ETF in the first quarter valued at about $28,000. Advocate Investing Services LLC acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at about $31,000. Wagner Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF during the first quarter worth about $32,000. Finally, Coppell Advisory Solutions LLC purchased a new stake in iShares Russell 1000 ETF during the second quarter worth about $36,000.
iShares Russell 1000 ETF Trading Down 0.7%
Shares of IWB opened at $414.32 on Friday. iShares Russell 1000 ETF has a twelve month low of $345.21 and a twelve month high of $426.92. The firm has a market capitalization of $48.97 billion, a P/E ratio of 24.71 and a beta of 1.00. The firm’s 50-day moving average is $415.36 and its two-hundred day moving average is $397.40.
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.
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