MGO One Seven LLC Cuts Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

MGO One Seven LLC decreased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 8.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,843 shares of the company’s stock after selling 425 shares during the period. MGO One Seven LLC’s holdings in iShares Russell 1000 ETF were worth $1,441,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. LRI Investments LLC purchased a new stake in iShares Russell 1000 ETF in the 1st quarter valued at approximately $27,000. Transcendent Capital Group LLC boosted its stake in shares of iShares Russell 1000 ETF by 76.4% in the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after buying an additional 42 shares in the last quarter. Robinson Capital Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $33,000. Rosenberg Matthew Hamilton grew its holdings in iShares Russell 1000 ETF by 176.7% during the second quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after acquiring an additional 76 shares during the period. Finally, JNBA Financial Advisors purchased a new position in iShares Russell 1000 ETF in the first quarter worth $50,000.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA IWB opened at $305.91 on Friday. iShares Russell 1000 ETF has a one year low of $224.41 and a one year high of $309.61. The firm has a market capitalization of $37.55 billion, a P/E ratio of 24.68 and a beta of 1.01. The company’s fifty day moving average is $301.04 and its two-hundred day moving average is $291.76.

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.