Riverpoint Wealth Management Holdings LLC Lowers Stock Position in iShares Russell 1000 ETF $IWB

Riverpoint Wealth Management Holdings LLC lessened its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 15.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,572 shares of the company’s stock after selling 1,426 shares during the period. iShares Russell 1000 ETF makes up about 0.6% of Riverpoint Wealth Management Holdings LLC’s holdings, making the stock its 19th biggest holding. Riverpoint Wealth Management Holdings LLC’s holdings in iShares Russell 1000 ETF were worth $2,767,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Rede Wealth LLC bought a new position in shares of iShares Russell 1000 ETF during the 3rd quarter valued at $2,475,000. First Horizon Corp bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter valued at about $2,240,000. Belpointe Asset Management LLC boosted its holdings in iShares Russell 1000 ETF by 109.2% during the 3rd quarter. Belpointe Asset Management LLC now owns 10,904 shares of the company’s stock valued at $3,985,000 after acquiring an additional 5,692 shares during the period. Flow Traders U.S. LLC bought a new position in iShares Russell 1000 ETF during the 2nd quarter worth approximately $1,485,000. Finally, Cerity Partners LLC increased its stake in iShares Russell 1000 ETF by 1.1% in the 3rd quarter. Cerity Partners LLC now owns 757,510 shares of the company’s stock worth $276,854,000 after purchasing an additional 8,149 shares during the period.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $377.31 on Wednesday. The firm has a market cap of $46.41 billion, a PE ratio of 24.71 and a beta of 1.01. The business has a 50 day moving average price of $376.35 and a 200-day moving average price of $366.06. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $382.34.

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.