RTD Financial Advisors Inc. Sells 1,412 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

RTD Financial Advisors Inc. reduced its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,359 shares of the company’s stock after selling 1,412 shares during the period. iShares Russell 1000 ETF comprises approximately 4.1% of RTD Financial Advisors Inc.’s holdings, making the stock its 7th largest holding. RTD Financial Advisors Inc.’s holdings in iShares Russell 1000 ETF were worth $30,347,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in IWB. Axxcess Wealth Management LLC grew its stake in iShares Russell 1000 ETF by 308.8% during the 3rd quarter. Axxcess Wealth Management LLC now owns 3,622 shares of the company’s stock worth $851,000 after buying an additional 2,736 shares during the last quarter. Evergreen Capital Management LLC grew its stake in shares of iShares Russell 1000 ETF by 24.1% in the third quarter. Evergreen Capital Management LLC now owns 1,030 shares of the company’s stock worth $243,000 after purchasing an additional 200 shares in the last quarter. Lido Advisors LLC lifted its holdings in shares of iShares Russell 1000 ETF by 0.4% in the third quarter. Lido Advisors LLC now owns 26,247 shares of the company’s stock valued at $6,166,000 after buying an additional 97 shares during the period. Legacy Advisors LLC boosted its stake in iShares Russell 1000 ETF by 87.2% during the third quarter. Legacy Advisors LLC now owns 72,303 shares of the company’s stock valued at $17,058,000 after buying an additional 33,679 shares in the last quarter. Finally, London Co. of Virginia boosted its stake in iShares Russell 1000 ETF by 53.5% during the third quarter. London Co. of Virginia now owns 6,584 shares of the company’s stock valued at $1,547,000 after buying an additional 2,295 shares in the last quarter.

iShares Russell 1000 ETF Trading Up 0.4 %

IWB stock traded up $1.12 during trading hours on Thursday, hitting $301.29. 372,552 shares of the stock traded hands, compared to its average volume of 810,064. The stock has a 50-day simple moving average of $290.48 and a 200 day simple moving average of $279.72. iShares Russell 1000 ETF has a one year low of $224.41 and a one year high of $301.60. The company has a market cap of $36.98 billion, a P/E ratio of 24.68 and a beta of 1.01.

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.