GM Advisory Group LLC Has $3.73 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

GM Advisory Group LLC increased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 11,849 shares of the company’s stock after acquiring an additional 41 shares during the quarter. GM Advisory Group LLC’s holdings in iShares Russell 1000 ETF were worth $3,725,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IWB. LRI Investments LLC acquired a new stake in shares of iShares Russell 1000 ETF in the first quarter valued at about $27,000. Transcendent Capital Group LLC increased its position in iShares Russell 1000 ETF by 76.4% during the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after purchasing an additional 42 shares during the period. Sound Income Strategies LLC raised its holdings in iShares Russell 1000 ETF by 239.3% during the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after purchasing an additional 67 shares during the last quarter. Winch Advisory Services LLC acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter worth approximately $30,000. Finally, Clarkston Capital Partners LLC bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter valued at $32,000.

iShares Russell 1000 ETF Stock Up 0.6 %

IWB opened at $327.44 on Friday. iShares Russell 1000 ETF has a twelve month low of $248.88 and a twelve month high of $330.43. The company has a fifty day moving average of $317.66 and a 200-day moving average of $304.26. The stock has a market cap of $40.19 billion, a PE ratio of 24.68 and a beta of 1.01.

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.