Wealthfront Advisers LLC Sells 3,370 Shares of iShares Russell 1000 ETF $IWB

Wealthfront Advisers LLC trimmed its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.9% in the third quarter, Holdings Channel reports. The fund owned 113,071 shares of the company’s stock after selling 3,370 shares during the period. Wealthfront Advisers LLC’s holdings in iShares Russell 1000 ETF were worth $41,325,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Highline Wealth Partners LLC acquired a new position in iShares Russell 1000 ETF in the 3rd quarter worth $30,000. First Command Advisory Services Inc. bought a new position in iShares Russell 1000 ETF in the third quarter valued at approximately $31,000. Caldwell Trust Co acquired a new position in iShares Russell 1000 ETF during the second quarter worth $30,000. Capital A Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF during the 2nd quarter worth about $30,000. Finally, Absher Wealth Management LLC bought a new stake in iShares Russell 1000 ETF in the third quarter valued at approximately $33,000.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $380.36 on Tuesday. The business has a fifty day simple moving average of $376.62 and a two-hundred day simple moving average of $366.89. The company has a market capitalization of $46.96 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 1 year low of $264.17 and a 1 year high of $382.34.

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.