iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by ACT Wealth Management LLC

ACT Wealth Management LLC lessened its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 74,283 shares of the company’s stock after selling 643 shares during the period. iShares Russell 1000 ETF accounts for 10.4% of ACT Wealth Management LLC’s holdings, making the stock its 4th biggest holding. ACT Wealth Management LLC owned about 0.06% of iShares Russell 1000 ETF worth $23,354,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the company. LRI Investments LLC acquired a new position in shares of iShares Russell 1000 ETF during the 1st quarter valued at $27,000. Transcendent Capital Group LLC raised its holdings in shares of iShares Russell 1000 ETF by 76.4% during the second 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. Rosenberg Matthew Hamilton boosted its position in shares of iShares Russell 1000 ETF by 176.7% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after purchasing an additional 76 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 2nd quarter valued at about $54,000. Finally, Concourse Financial Group Securities Inc. increased its position in iShares Russell 1000 ETF by 164.0% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 198 shares of the company’s stock valued at $57,000 after buying an additional 123 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $313.76 on Wednesday. iShares Russell 1000 ETF has a fifty-two week low of $224.41 and a fifty-two week high of $314.80. The stock’s 50 day simple moving average is $304.39 and its 200 day simple moving average is $295.63. The company has a market cap of $38.51 billion, a P/E ratio of 24.68 and a beta of 1.01.

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.