Janney Montgomery Scott LLC Has $12.11 Million Stock Position in iShares Russell 1000 ETF $IWB

Janney Montgomery Scott LLC reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,654 shares of the company’s stock after selling 481 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Russell 1000 ETF were worth $12,107,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quadrant Private Wealth Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 137.6% in the first quarter. Quadrant Private Wealth Management LLC now owns 1,604 shares of the company’s stock worth $492,000 after acquiring an additional 929 shares during the period. Diversified Enterprises LLC acquired a new position in shares of iShares Russell 1000 ETF in the second quarter worth approximately $229,000. Sowell Financial Services LLC acquired a new position in shares of iShares Russell 1000 ETF in the first quarter worth approximately $598,000. Capital Advisors Wealth Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 14.3% in the first quarter. Capital Advisors Wealth Management LLC now owns 1,301 shares of the company’s stock worth $399,000 after acquiring an additional 163 shares during the period. Finally, Beacon Capital Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 10.5% in the second quarter. Beacon Capital Management LLC now owns 389 shares of the company’s stock worth $132,000 after acquiring an additional 37 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $367.47 on Friday. The company has a market cap of $44.21 billion, a P/E ratio of 24.71 and a beta of 1.01. The stock has a 50 day simple moving average of $356.10 and a two-hundred day simple moving average of $331.76. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $369.33.

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.