Wealth Alliance LLC Trims Position in iShares Russell 1000 ETF $IWB

Wealth Alliance LLC lowered its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,748 shares of the company’s stock after selling 220 shares during the quarter. Wealth Alliance LLC’s holdings in iShares Russell 1000 ETF were worth $1,612,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Brooklyn Investment Group purchased a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at approximately $33,000. eCIO Inc. acquired a new stake in iShares Russell 1000 ETF during the first quarter worth $36,000. Fiduciary Wealth Partners LLC purchased a new stake in iShares Russell 1000 ETF in the first quarter valued at $45,000. RMG Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter worth about $45,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new position in iShares Russell 1000 ETF during the second quarter worth $49,000.

iShares Russell 1000 ETF Trading Up 0.3%

Shares of NYSEARCA IWB opened at $374.14 on Wednesday. The stock has a market capitalization of $45.05 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $264.17 and a twelve month high of $377.77. The stock has a fifty day simple moving average of $365.93 and a 200-day simple moving average of $346.22.

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.