Truepoint Inc. Has $1.27 Million Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Truepoint Inc. decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 4,282 shares of the company’s stock after selling 96 shares during the quarter. Truepoint Inc.’s holdings in iShares Russell 1000 ETF were worth $1,274,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in IWB. Waterloo Capital L.P. acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at about $4,471,000. Envestnet Asset Management Inc. increased its stake in shares of iShares Russell 1000 ETF by 3.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after purchasing an additional 146,971 shares during the period. Miller Investment Management LP bought a new position in shares of iShares Russell 1000 ETF during the fourth quarter worth approximately $991,000. Guardian Wealth Advisors LLC NC lifted its holdings in iShares Russell 1000 ETF by 3.1% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 9,490 shares of the company’s stock worth $2,489,000 after purchasing an additional 288 shares during the last quarter. Finally, TSA Wealth Managment LLC bought a new stake in iShares Russell 1000 ETF in the 4th quarter valued at $1,144,000.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $301.75 on Friday. iShares Russell 1000 ETF has a fifty-two week low of $224.41 and a fifty-two week high of $309.61. The stock has a market capitalization of $37.04 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The business’s fifty day moving average price is $300.91 and its two-hundred day moving average price is $290.90.

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.