Arete Wealth Advisors LLC Raises Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Arete Wealth Advisors LLC raised its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 12.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,269 shares of the company’s stock after purchasing an additional 141 shares during the period. Arete Wealth Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $409,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Millstone Evans Group LLC purchased a new position in iShares Russell 1000 ETF in the 4th quarter valued at about $29,000. Crews Bank & Trust purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $37,000. Golden State Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter worth approximately $37,000. Centricity Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth approximately $39,000. Finally, Kestra Investment Management LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at $39,000.

iShares Russell 1000 ETF Stock Down 5.9 %

Shares of IWB opened at $277.41 on Friday. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $337.76. The stock has a market cap of $33.61 billion, a PE ratio of 24.07 and a beta of 1.03. The firm’s fifty day moving average is $320.46 and its two-hundred day moving average is $322.45.

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.