Cornerstone Wealth Group LLC Sells 3,025 Shares of iShares Russell 1000 ETF $IWB

Cornerstone Wealth Group LLC lessened its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 58,955 shares of the company’s stock after selling 3,025 shares during the period. iShares Russell 1000 ETF comprises approximately 1.4% of Cornerstone Wealth Group LLC’s holdings, making the stock its 13th biggest holding. Cornerstone Wealth Group LLC’s holdings in iShares Russell 1000 ETF were worth $22,750,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in IWB. Optivise Advisory Services LLC boosted its position in iShares Russell 1000 ETF by 0.6% in the fourth quarter. Optivise Advisory Services LLC now owns 4,432 shares of the company’s stock valued at $1,655,000 after buying an additional 27 shares in the last quarter. Oak Harbor Wealth Partners LLC increased its holdings in shares of iShares Russell 1000 ETF by 15.2% during the fourth quarter. Oak Harbor Wealth Partners LLC now owns 205 shares of the company’s stock worth $77,000 after buying an additional 27 shares in the last quarter. Waterfront Wealth Inc. raised its stake in shares of iShares Russell 1000 ETF by 0.9% in the fourth quarter. Waterfront Wealth Inc. now owns 3,095 shares of the company’s stock valued at $1,175,000 after acquiring an additional 29 shares during the last quarter. Flagship Private Wealth LLC raised its stake in shares of iShares Russell 1000 ETF by 2.1% in the fourth quarter. Flagship Private Wealth LLC now owns 1,396 shares of the company’s stock valued at $521,000 after acquiring an additional 29 shares during the last quarter. Finally, Lansing Street Advisors boosted its holdings in shares of iShares Russell 1000 ETF by 0.3% in the 4th quarter. Lansing Street Advisors now owns 10,286 shares of the company’s stock worth $3,841,000 after acquiring an additional 30 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $400.20 on Friday. The company has a market capitalization of $47.08 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a one year low of $335.65 and a one year high of $415.11. The business’s 50 day simple moving average is $401.75 and its 200-day simple moving average is $382.83.

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.