Palo Alto Wealth Advisors LLC Has $4.66 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Palo Alto Wealth Advisors LLC lessened its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund 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 position. 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.

Several other hedge funds have also recently added to or reduced their stakes in the business. LRI Investments LLC bought a new position in shares of iShares Russell 1000 ETF during the 1st quarter worth about $27,000. Transcendent Capital Group LLC increased its stake in iShares Russell 1000 ETF by 76.4% during the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after acquiring an additional 42 shares during the period. Sound Income Strategies LLC raised its holdings in iShares Russell 1000 ETF by 239.3% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after acquiring an additional 67 shares in the last quarter. Winch Advisory Services LLC bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth approximately $30,000. Finally, Rosenberg Matthew Hamilton grew its holdings in shares of iShares Russell 1000 ETF by 176.7% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after purchasing an additional 76 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB traded down $0.26 during trading hours on Thursday, reaching $328.59. The stock had a trading volume of 164,664 shares, compared to its average volume of 795,730. The company has a market cap of $40.33 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $245.70 and a twelve month high of $330.43. The business’s fifty day moving average is $314.76 and its two-hundred day moving average is $302.47.

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.