NewSquare Capital LLC Has $10.29 Million Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

NewSquare Capital LLC trimmed its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 6.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 31,926 shares of the company’s stock after selling 2,030 shares during the quarter. NewSquare Capital LLC’s holdings in iShares Russell 1000 ETF were worth $10,285,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of IWB. Allspring Global Investments Holdings LLC lifted its holdings in iShares Russell 1000 ETF by 23.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 196 shares of the company’s stock valued at $62,000 after purchasing an additional 37 shares during the last quarter. Landmark Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter worth approximately $1,378,000. Crestwood Advisors Group LLC raised its stake in shares of iShares Russell 1000 ETF by 50.9% in the third quarter. Crestwood Advisors Group LLC now owns 5,181 shares of the company’s stock valued at $1,629,000 after acquiring an additional 1,747 shares during the last quarter. Avidian Wealth Enterprises LLC boosted its holdings in shares of iShares Russell 1000 ETF by 0.6% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 25,757 shares of the company’s stock worth $8,098,000 after acquiring an additional 147 shares in the last quarter. Finally, US Financial Advisors LLC grew its position in iShares Russell 1000 ETF by 2.0% during the 3rd quarter. US Financial Advisors LLC now owns 136,930 shares of the company’s stock worth $43,049,000 after acquiring an additional 2,633 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $316.67 on Wednesday. The business has a fifty day moving average price of $329.00 and a 200 day moving average price of $322.08. iShares Russell 1000 ETF has a fifty-two week low of $271.54 and a fifty-two week high of $337.76. The stock has a market capitalization of $37.59 billion, a price-to-earnings ratio of 26.23 and a beta of 1.03.

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.