Cornerstone Advisors Asset Management LLC Has $2.55 Million Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Cornerstone Advisors Asset Management LLC raised its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,916 shares of the company’s stock after purchasing an additional 348 shares during the period. Cornerstone Advisors Asset Management LLC’s holdings in iShares Russell 1000 ETF were worth $2,550,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Winch Advisory Services LLC acquired a new position in shares of iShares Russell 1000 ETF in the third quarter valued at approximately $30,000. Clarkston Capital Partners LLC acquired a new position in iShares Russell 1000 ETF in the 3rd quarter worth $32,000. Archer Investment Corp bought a new position in iShares Russell 1000 ETF during the 3rd quarter worth about $37,000. Crews Bank & Trust acquired a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $37,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $37,000.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $336.91 on Wednesday. The stock has a market capitalization of $41.36 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $271.54 and a fifty-two week high of $336.97. The business has a 50-day moving average of $329.38 and a 200-day moving average of $319.37.

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.