iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Palo Alto Wealth Advisors LLC

Palo Alto Wealth Advisors LLC reduced its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,550 shares of the company’s stock after selling 100 shares during the period. iShares Russell 1000 ETF makes up approximately 1.9% of Palo Alto Wealth Advisors LLC’s holdings, making the stock its 12th largest holding. Palo Alto Wealth Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $4,656,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kovack Advisors Inc. raised its position in iShares Russell 1000 ETF by 1.3% during the third quarter. Kovack Advisors Inc. now owns 7,882 shares of the company’s stock valued at $2,478,000 after acquiring an additional 100 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in iShares Russell 1000 ETF by 5.7% during the third quarter. Oppenheimer & Co. Inc. now owns 3,894 shares of the company’s stock valued at $1,224,000 after buying an additional 210 shares in the last quarter. Pinnacle Financial Partners Inc lifted its position in shares of iShares Russell 1000 ETF by 1.6% in the third quarter. Pinnacle Financial Partners Inc now owns 3,762 shares of the company’s stock worth $1,183,000 after buying an additional 60 shares during the last quarter. RMR Capital Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth about $248,000. Finally, Prime Capital Investment Advisors LLC increased its holdings in shares of iShares Russell 1000 ETF by 0.8% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 4,402 shares of the company’s stock valued at $1,384,000 after acquiring an additional 36 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB stock traded down $0.26 during trading on Thursday, reaching $328.59. The company had a trading volume of 164,664 shares, compared to its average volume of 795,730. The firm’s 50 day simple moving average is $314.76 and its two-hundred day simple moving average is $302.47. iShares Russell 1000 ETF has a one year low of $245.70 and a one year high of $330.43. The company has a market capitalization of $40.33 billion, a PE ratio of 24.68 and a beta of 1.01.

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.