QRG Capital Management Inc. Has $7.73 Million Stock Position in iShares Russell 1000 ETF $IWB

QRG Capital Management Inc. cut its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 48.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,668 shares of the company’s stock after selling 20,627 shares during the period. QRG Capital Management Inc.’s holdings in iShares Russell 1000 ETF were worth $7,726,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. HB Wealth Management LLC lifted its position in iShares Russell 1000 ETF by 2.8% during the 1st quarter. HB Wealth Management LLC now owns 42,229 shares of the company’s stock worth $15,057,000 after buying an additional 1,137 shares in the last quarter. Baer Investment Advisory LLC bought a new stake in iShares Russell 1000 ETF during the first quarter worth about $295,000. Lodestar Private Asset Management LLC boosted its position in iShares Russell 1000 ETF by 0.3% during the first quarter. Lodestar Private Asset Management LLC now owns 13,804 shares of the company’s stock valued at $4,922,000 after purchasing an additional 47 shares during the last quarter. Turtle Creek Wealth Advisors LLC grew its stake in iShares Russell 1000 ETF by 0.8% in the first quarter. Turtle Creek Wealth Advisors LLC now owns 27,389 shares of the company’s stock valued at $9,766,000 after purchasing an additional 227 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in iShares Russell 1000 ETF by 5.9% in the first quarter. Private Advisor Group LLC now owns 37,811 shares of the company’s stock valued at $13,482,000 after purchasing an additional 2,096 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $408.75 on Friday. The stock has a market cap of $48.27 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 12-month low of $339.54 and a 12-month high of $415.11. The business’s 50 day moving average is $403.85 and its 200-day moving average is $383.99.

About iShares Russell 1000 ETF

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.