Prosperity Wealth Management Inc. Reduces Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Prosperity Wealth Management Inc. lowered its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,026 shares of the company’s stock after selling 51 shares during the quarter. Prosperity Wealth Management Inc.’s holdings in iShares Russell 1000 ETF were worth $653,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of IWB. Clarkston Capital Partners LLC acquired a new stake in iShares Russell 1000 ETF in the third quarter valued at approximately $32,000. Golden State Wealth Management LLC purchased a new position in iShares Russell 1000 ETF in the 4th quarter valued at $37,000. Crews Bank & Trust purchased a new position in iShares Russell 1000 ETF in the 4th quarter valued at $37,000. Archer Investment Corp purchased a new position in iShares Russell 1000 ETF in the 3rd quarter valued at $37,000. Finally, Centricity Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF in the fourth quarter valued at $39,000.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $305.02 on Wednesday. The company has a market cap of $36.21 billion, a P/E ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a one year low of $271.54 and a one year high of $337.76. The business has a fifty day moving average of $327.58 and a two-hundred day moving average of $322.30.

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.