Creative Planning Lowers Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Creative Planning trimmed its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 670,250 shares of the company’s stock after selling 6,998 shares during the quarter. Creative Planning owned 0.55% of iShares Russell 1000 ETF worth $199,426,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IWB. LRI Investments LLC purchased a new position in iShares Russell 1000 ETF during the 1st quarter valued at about $27,000. Transcendent Capital Group LLC boosted its holdings in iShares Russell 1000 ETF by 76.4% during the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after acquiring an additional 42 shares during the period. Rosenberg Matthew Hamilton boosted its holdings in iShares Russell 1000 ETF by 176.7% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after acquiring an additional 76 shares during the period. JNBA Financial Advisors purchased a new position in iShares Russell 1000 ETF during the 1st quarter valued at about $50,000. Finally, Strategic Financial Concepts LLC purchased a new position in iShares Russell 1000 ETF during the 2nd quarter valued at about $54,000.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $313.24 on Friday. The firm has a market capitalization of $38.45 billion, a P/E ratio of 24.68 and a beta of 1.01. The business’s 50-day moving average is $302.51 and its two-hundred day moving average is $294.18. iShares Russell 1000 ETF has a 1 year low of $224.41 and a 1 year high of $314.80.

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.