Cetera Investment Advisers Has $77.29 Million Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Cetera Investment Advisers reduced its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 259,775 shares of the company’s stock after selling 13,047 shares during the quarter. Cetera Investment Advisers owned 0.21% of iShares Russell 1000 ETF worth $77,294,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of IWB. WealthPLAN Partners LLC lifted its stake in iShares Russell 1000 ETF by 2.1% in the second quarter. WealthPLAN Partners LLC now owns 1,703 shares of the company’s stock valued at $507,000 after buying an additional 35 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its position in iShares Russell 1000 ETF by 1.8% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 2,041 shares of the company’s stock valued at $588,000 after acquiring an additional 36 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in iShares Russell 1000 ETF by 2.3% in the 2nd quarter. Sunbelt Securities Inc. now owns 1,659 shares of the company’s stock worth $493,000 after purchasing an additional 38 shares during the period. MONECO Advisors LLC increased its holdings in iShares Russell 1000 ETF by 1.9% during the 4th quarter. MONECO Advisors LLC now owns 2,160 shares of the company’s stock worth $566,000 after purchasing an additional 41 shares in the last quarter. Finally, Transcendent Capital Group LLC raised its stake in shares of iShares Russell 1000 ETF by 76.4% in the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after purchasing an additional 42 shares during the period.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $314.33 on Tuesday. The stock has a market capitalization of $38.58 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $224.41 and a fifty-two week high of $314.80. The business has a 50-day moving average of $302.72 and a 200-day moving average of $294.47.

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.