Legacy Wealth Management Inc Has $250.54 Million Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Legacy Wealth Management Inc lessened its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 777,699 shares of the company’s stock after selling 3,897 shares during the period. iShares Russell 1000 ETF comprises 16.1% of Legacy Wealth Management Inc’s portfolio, making the stock its 2nd largest holding. Legacy Wealth Management Inc owned about 0.63% of iShares Russell 1000 ETF worth $250,544,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IWB. Sound Income Strategies LLC increased its position in iShares Russell 1000 ETF by 239.3% during the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after acquiring an additional 67 shares during the last quarter. Winch Advisory Services LLC bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $30,000. Clarkston Capital Partners LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $32,000. Archer Investment Corp bought a new position in shares of iShares Russell 1000 ETF in the 3rd quarter worth approximately $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth approximately $51,000.

iShares Russell 1000 ETF Trading Down 0.2 %

Shares of NYSEARCA IWB opened at $335.17 on Friday. iShares Russell 1000 ETF has a 12-month low of $265.70 and a 12-month high of $336.61. The firm has a market capitalization of $41.14 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The firm has a 50 day moving average of $328.62 and a 200 day moving average of $315.68.

iShares Russell 1000 ETF 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.