Steward Partners Investment Advisory LLC Raises Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Steward Partners Investment Advisory LLC increased its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,933 shares of the company’s stock after buying an additional 192 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in iShares Russell 1000 ETF were worth $2,234,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWB. Clarkston Capital Partners LLC bought a new stake in iShares Russell 1000 ETF in the 3rd quarter valued at about $32,000. Archer Investment Corp bought a new stake in shares of iShares Russell 1000 ETF during the third quarter valued at about $37,000. Crews Bank & Trust bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at about $37,000. Golden State Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at about $37,000. Finally, Centricity Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at about $39,000.

iShares Russell 1000 ETF Stock Up 0.5 %

Shares of IWB opened at $315.98 on Friday. The business’s 50-day moving average price is $328.25 and its 200-day moving average price is $322.19. iShares Russell 1000 ETF has a twelve month low of $271.54 and a twelve month high of $337.76. The stock has a market cap of $37.51 billion, a PE ratio of 26.23 and a beta of 1.03.

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.