Avestar Capital LLC Has $7.20 Million Stock Position in iShares Russell 1000 ETF $IWB

Avestar Capital LLC lowered its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 9.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,699 shares of the company’s stock after selling 2,159 shares during the period. Avestar Capital LLC’s holdings in iShares Russell 1000 ETF were worth $7,200,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Highline Wealth Partners LLC bought a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at $30,000. First Command Advisory Services Inc. bought a new position in shares of iShares Russell 1000 ETF in the third quarter valued at $31,000. Caldwell Trust Co acquired a new position in shares of iShares Russell 1000 ETF during the second quarter valued at about $30,000. Capital A Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the second quarter worth about $30,000. Finally, Absher Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the third quarter worth about $33,000.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA IWB opened at $376.28 on Thursday. The stock has a market cap of $46.45 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $382.34. The firm’s 50-day simple moving average is $376.74 and its 200 day simple moving average is $368.12.

iShares Russell 1000 ETF Company 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.