Kestra Private Wealth Services LLC Sells 3,090 Shares of iShares Russell 1000 ETF $IWB

Kestra Private Wealth Services LLC trimmed its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 39.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,814 shares of the company’s stock after selling 3,090 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares Russell 1000 ETF were worth $1,717,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Focus Partners Wealth boosted its stake in shares of 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 purchasing an additional 805,083 shares during the period. Bank of America Corp DE lifted its stake in iShares Russell 1000 ETF by 14.9% in the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after purchasing an additional 616,717 shares during the last quarter. Allstate Corp boosted its position in shares of iShares Russell 1000 ETF by 125.4% during the fourth quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock valued at $402,632,000 after buying an additional 599,755 shares during the period. Millennium Management LLC bought a new position in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $169,963,000. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter worth approximately $133,604,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $406.31 on Tuesday. The stock has a 50 day moving average price of $402.19 and a 200 day moving average price of $383.12. iShares Russell 1000 ETF has a 52-week low of $338.07 and a 52-week high of $415.11. The firm has a market capitalization of $47.80 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.