Empower Advisory Group LLC Reduces Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Empower Advisory Group LLC decreased its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.8% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 492,575 shares of the company’s stock after selling 9,177 shares during the quarter. Empower Advisory Group LLC owned about 0.40% of iShares Russell 1000 ETF worth $151,092,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Rossby Financial LCC bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter worth approximately $25,000. Redwood Park Advisors LLC bought a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $27,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter worth approximately $28,000. Woodside Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter worth approximately $30,000. Finally, Fourth Dimension Wealth LLC bought a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $36,000.

iShares Russell 1000 ETF Stock Up 1.5%

Shares of NYSEARCA IWB opened at $346.65 on Tuesday. The business has a fifty day simple moving average of $337.03 and a two-hundred day simple moving average of $322.28. The firm has a market cap of $41.63 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $264.17 and a twelve month high of $351.59.

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.