MAI Capital Management Has $1.27 Million Position in iShares Russell 1000 ETF (IWB)

MAI Capital Management trimmed its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.5% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 8,064 shares of the company’s stock after selling 1,051 shares during the period. MAI Capital Management’s holdings in iShares Russell 1000 ETF were worth $1,268,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IWB. 1 North Wealth Services LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth about $25,000. JJJ Advisors Inc. purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth about $25,000. Valley National Advisers Inc. purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth about $26,000. River Wealth Advisors LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth about $28,000. Finally, Larson Financial Group LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth about $36,000.

NYSEARCA IWB traded down $0.54 during trading hours on Wednesday, hitting $158.84. 303,446 shares of the stock were exchanged, compared to its average volume of 1,201,487. iShares Russell 1000 ETF has a 12-month low of $129.68 and a 12-month high of $164.13.

ILLEGAL ACTIVITY NOTICE: “MAI Capital Management Has $1.27 Million Position in iShares Russell 1000 ETF (IWB)” was first posted by Sundance Herald and is the property of of Sundance Herald. If you are viewing this report on another publication, it was stolen and reposted in violation of international trademark & copyright law. The correct version of this report can be read at https://sundanceherald.com/2019/05/22/mai-capital-management-has-1-27-million-stake-in-ishares-russell-1000-etf-iwb.html.

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.

Read More: How accurate is the Rule of 72?

Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

Receive News & Ratings for iShares Russell 1000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply