iShares Russell 1000 ETF $IWB Shares Sold by Legacy Wealth Management Inc

Legacy Wealth Management Inc reduced its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 710,475 shares of the company’s stock after selling 12,117 shares during the quarter. iShares Russell 1000 ETF comprises 15.3% of Legacy Wealth Management Inc’s portfolio, making the stock its 2nd biggest position. Legacy Wealth Management Inc owned 0.57% of iShares Russell 1000 ETF worth $265,320,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of IWB. Focus Partners Wealth boosted its stake in iShares Russell 1000 ETF by 86.1% during the 3rd quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock worth $635,852,000 after acquiring an additional 805,083 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares Russell 1000 ETF by 14.9% during the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after purchasing an additional 616,717 shares during the period. Allstate Corp increased its stake in iShares Russell 1000 ETF by 1,077.8% in the third quarter. Allstate Corp now owns 478,415 shares of the company’s stock valued at $174,851,000 after purchasing an additional 437,794 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in iShares Russell 1000 ETF by 3.9% in the third quarter. Jones Financial Companies Lllp now owns 11,256,502 shares of the company’s stock worth $4,092,759,000 after purchasing an additional 427,736 shares during the period. Finally, CIBC Bancorp USA Inc. acquired a new stake in iShares Russell 1000 ETF in the third quarter worth $133,604,000.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB opened at $359.85 on Monday. The company’s fifty day moving average is $370.23 and its 200-day moving average is $370.91. The stock has a market cap of $43.15 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $264.17 and a twelve month high of $382.34.

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.