Strategic Investment Advisors MI Grows Stock Position in iShares Russell 1000 ETF $IWB

Strategic Investment Advisors MI lifted its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 600.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,259 shares of the company’s stock after acquiring an additional 90,231 shares during the quarter. iShares Russell 1000 ETF accounts for approximately 2.9% of Strategic Investment Advisors MI’s holdings, making the stock its 8th largest position. Strategic Investment Advisors MI owned 0.09% of iShares Russell 1000 ETF worth $38,470,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Capital A Wealth Management LLC bought a new position in iShares Russell 1000 ETF during the second quarter worth $30,000. Caldwell Trust Co acquired a new position in iShares Russell 1000 ETF in the second quarter worth $30,000. Highline Wealth Partners LLC bought a new stake in iShares Russell 1000 ETF during the third quarter valued at $30,000. Cary Street Partners Investment Advisory LLC increased its stake in iShares Russell 1000 ETF by 75.0% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 91 shares of the company’s stock valued at $31,000 after purchasing an additional 39 shares during the last quarter. Finally, First Command Advisory Services Inc. acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter worth $31,000.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $361.52 on Thursday. iShares Russell 1000 ETF has a 1 year low of $264.17 and a 1 year high of $382.34. The firm’s 50-day moving average is $375.52 and its 200-day moving average is $370.97. The company has a market cap of $44.63 billion, a P/E ratio of 24.71 and a beta of 1.01.

iShares Russell 1000 ETF 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.