Summit Wealth Partners LLC Sells 3,739 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Summit Wealth Partners LLC trimmed its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 10.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 32,751 shares of the company’s stock after selling 3,739 shares during the period. iShares Russell 1000 ETF accounts for approximately 2.0% of Summit Wealth Partners LLC’s investment portfolio, making the stock its 14th biggest position. Summit Wealth Partners LLC’s holdings in iShares Russell 1000 ETF were worth $9,745,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new stake in iShares Russell 1000 ETF during the 2nd quarter worth approximately $5,401,000. Centennial Bank AR increased its holdings in iShares Russell 1000 ETF by 0.3% in the second quarter. Centennial Bank AR now owns 45,885 shares of the company’s stock valued at $13,653,000 after purchasing an additional 151 shares during the period. New Wave Wealth Advisors LLC acquired a new position in shares of iShares Russell 1000 ETF in the 2nd quarter worth approximately $519,000. SPC Financial Inc. acquired a new position in iShares Russell 1000 ETF in the second quarter valued at $298,000. Finally, EP Wealth Advisors LLC lifted its holdings in iShares Russell 1000 ETF by 14.1% in the second quarter. EP Wealth Advisors LLC now owns 20,294 shares of the company’s stock valued at $6,038,000 after buying an additional 2,507 shares during the period.

iShares Russell 1000 ETF Trading Down 0.9 %

Shares of iShares Russell 1000 ETF stock opened at $311.63 on Wednesday. The business has a 50-day moving average price of $302.88 and a two-hundred day moving average price of $294.69. iShares Russell 1000 ETF has a 1-year low of $224.41 and a 1-year high of $314.80. The company has a market cap of $38.25 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.