Wealth Enhancement Advisory Services LLC Purchases 3,446 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 310,883 shares of the company’s stock after buying an additional 3,446 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares Russell 1000 ETF were worth $97,739,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IWB. Sound Income Strategies LLC boosted its stake in shares of iShares Russell 1000 ETF by 239.3% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after purchasing an additional 67 shares in the last quarter. Winch Advisory Services LLC bought a new stake in shares of iShares Russell 1000 ETF during the third quarter worth $30,000. Clarkston Capital Partners LLC bought a new stake in iShares Russell 1000 ETF during the 3rd quarter worth $32,000. Archer Investment Corp acquired a new position in iShares Russell 1000 ETF in the 3rd quarter worth about $37,000. Finally, FSA Wealth Management LLC bought a new position in iShares Russell 1000 ETF in the third quarter valued at about $57,000.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB traded down $5.15 during midday trading on Friday, hitting $319.18. 236,232 shares of the stock were exchanged, compared to its average volume of 688,602. The business’s 50-day moving average price is $327.64 and its 200 day moving average price is $313.50. iShares Russell 1000 ETF has a 12 month low of $258.68 and a 12 month high of $336.18. The stock has a market capitalization of $39.18 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.