Alpha Cubed Investments LLC Has $2.62 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Alpha Cubed Investments LLC decreased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,994 shares of the company’s stock after selling 610 shares during the period. Alpha Cubed Investments LLC’s holdings in iShares Russell 1000 ETF were worth $2,621,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in IWB. M&T Bank Corp boosted its holdings in shares of iShares Russell 1000 ETF by 1.7% in the 3rd quarter. M&T Bank Corp now owns 2,923,123 shares of the company’s stock valued at $686,672,000 after purchasing an additional 49,597 shares in the last quarter. LPL Financial LLC boosted its stake in iShares Russell 1000 ETF by 1.8% in the third quarter. LPL Financial LLC now owns 2,249,921 shares of the company’s stock valued at $528,529,000 after buying an additional 38,800 shares in the last quarter. Johnson Investment Counsel Inc. grew its position in iShares Russell 1000 ETF by 0.6% in the third quarter. Johnson Investment Counsel Inc. now owns 1,200,365 shares of the company’s stock valued at $281,978,000 after acquiring an additional 6,945 shares during the last quarter. Pathstone Family Office LLC raised its stake in iShares Russell 1000 ETF by 2,233.8% during the third quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock worth $274,904,000 after acquiring an additional 1,119,893 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of iShares Russell 1000 ETF by 10.7% in the third quarter. UBS Group AG now owns 1,068,549 shares of the company’s stock worth $251,013,000 after acquiring an additional 102,850 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB traded down $4.54 during mid-day trading on Tuesday, reaching $275.98. The company had a trading volume of 1,491,790 shares, compared to its average volume of 724,140. The company has a market capitalization of $33.99 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. The company’s 50 day simple moving average is $281.57 and its 200 day simple moving average is $264.15. iShares Russell 1000 ETF has a 1-year low of $221.31 and a 1-year high of $288.75.

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.