Lido Advisors LLC Has $97.16 Million Holdings in iShares Russell 1000 ETF $IWB

Lido Advisors LLC cut its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 272,499 shares of the company’s stock after selling 9,377 shares during the period. Lido Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $97,163,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IWB. REAP Financial Group LLC purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth approximately $28,000. Sound Income Strategies LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at approximately $28,000. Advocate Investing Services LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $31,000. Optima Capital LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $32,000. Finally, True Wealth Design LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter worth approximately $32,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $408.71 on Thursday. iShares Russell 1000 ETF has a twelve month low of $340.11 and a twelve month high of $415.11. The stock has a market cap of $48.27 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The firm’s 50 day moving average price is $407.49 and its two-hundred day moving average price is $387.33.

iShares Russell 1000 ETF 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.