iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Enzi Wealth

Enzi Wealth cut its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,790 shares of the company’s stock after selling 216 shares during the quarter. iShares Russell 1000 ETF accounts for 0.4% of Enzi Wealth’s holdings, making the stock its 25th largest holding. Enzi Wealth’s holdings in iShares Russell 1000 ETF were worth $845,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IWB. LRI Investments LLC acquired a new stake in shares of iShares Russell 1000 ETF during the first quarter worth about $27,000. Robinson Capital Management LLC acquired a new stake in iShares Russell 1000 ETF during the 4th quarter worth approximately $33,000. JNBA Financial Advisors purchased a new position in iShares Russell 1000 ETF in the 1st quarter valued at approximately $50,000. Concourse Financial Group Securities Inc. grew its stake in shares of iShares Russell 1000 ETF by 164.0% in the first quarter. Concourse Financial Group Securities Inc. now owns 198 shares of the company’s stock worth $57,000 after acquiring an additional 123 shares in the last quarter. Finally, Northwest Investment Counselors LLC purchased a new stake in shares of iShares Russell 1000 ETF during the first quarter worth $72,000.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB traded down $0.58 during mid-day trading on Tuesday, hitting $305.77. The company had a trading volume of 410,373 shares, compared to its average volume of 794,448. The company has a market capitalization of $37.53 billion, a PE ratio of 24.68 and a beta of 1.01. The business’s 50-day simple moving average is $298.66 and its 200 day simple moving average is $288.21. iShares Russell 1000 ETF has a 1-year low of $224.41 and a 1-year high of $309.61.

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.