Founders Financial Alliance LLC Sells 1,427 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Founders Financial Alliance LLC trimmed its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 44.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,784 shares of the company’s stock after selling 1,427 shares during the quarter. Founders Financial Alliance LLC’s holdings in iShares Russell 1000 ETF were worth $531,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Waterloo Capital L.P. bought a new position in shares of iShares Russell 1000 ETF during the fourth quarter worth approximately $4,471,000. Envestnet Asset Management Inc. increased its stake in iShares Russell 1000 ETF by 3.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after acquiring an additional 146,971 shares during the period. Guardian Wealth Advisors LLC NC raised its holdings in iShares Russell 1000 ETF by 3.1% in the 4th quarter. Guardian Wealth Advisors LLC NC now owns 9,490 shares of the company’s stock valued at $2,489,000 after acquiring an additional 288 shares in the last quarter. Creative Planning lifted its position in shares of iShares Russell 1000 ETF by 5.2% during the 4th quarter. Creative Planning now owns 679,933 shares of the company’s stock valued at $178,319,000 after acquiring an additional 33,645 shares during the period. Finally, Belpointe Asset Management LLC grew its holdings in shares of iShares Russell 1000 ETF by 296.1% during the 4th quarter. Belpointe Asset Management LLC now owns 12,355 shares of the company’s stock worth $3,240,000 after purchasing an additional 9,236 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA IWB 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. The stock’s fifty day moving average is $302.72 and its 200 day moving average is $294.47. iShares Russell 1000 ETF has a 52 week low of $224.41 and a 52 week high of $314.80.

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.