Andrews Lucia Wealth Management LLC Reduces Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Andrews Lucia Wealth Management LLC reduced its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 50.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,696 shares of the company’s stock after selling 5,696 shares during the period. iShares Russell 1000 ETF comprises approximately 1.2% of Andrews Lucia Wealth Management LLC’s portfolio, making the stock its 12th largest position. Andrews Lucia Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $1,695,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sound Income Strategies LLC lifted its stake 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 worth $30,000 after purchasing an additional 67 shares during the last quarter. LRI Investments LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 1st quarter worth approximately $27,000. Transcendent Capital Group LLC boosted its holdings in shares of iShares Russell 1000 ETF by 76.4% in the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after buying an additional 42 shares in the last quarter. Rosenberg Matthew Hamilton grew its position in shares of iShares Russell 1000 ETF by 176.7% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after buying an additional 76 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. raised its stake in iShares Russell 1000 ETF by 164.0% during the 1st 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.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $320.37 on Tuesday. The firm has a fifty day moving average price of $306.31 and a 200 day moving average price of $296.49. The stock has a market cap of $39.33 billion, a PE ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1-year low of $224.41 and a 1-year high of $320.79.

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.