Brewster Financial Planning LLC Has $40.67 Million Stake in iShares Russell 1000 ETF $IWB

Brewster Financial Planning LLC increased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.9% during the second quarter, HoldingsChannel.com reports. The firm owned 119,766 shares of the company’s stock after buying an additional 1,048 shares during the period. iShares Russell 1000 ETF accounts for about 27.4% of Brewster Financial Planning LLC’s investment portfolio, making the stock its largest holding. Brewster Financial Planning LLC’s holdings in iShares Russell 1000 ETF were worth $40,669,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Oak Wealth Advisors LLC bought a new position in iShares Russell 1000 ETF in the second quarter worth $276,000. Cranbrook Wealth Management LLC raised its stake in shares of iShares Russell 1000 ETF by 0.7% in the 2nd quarter. Cranbrook Wealth Management LLC now owns 10,055 shares of the company’s stock valued at $3,414,000 after buying an additional 66 shares in the last quarter. Hippocratic Financial Advisors LLC bought a new position in shares of iShares Russell 1000 ETF during the 2nd quarter worth about $44,040,000. RTD Financial Advisors Inc. boosted its position in shares of iShares Russell 1000 ETF by 6.3% during the 2nd quarter. RTD Financial Advisors Inc. now owns 102,283 shares of the company’s stock valued at $34,732,000 after acquiring an additional 6,067 shares in the last quarter. Finally, Golden State Equity Partners boosted its position in shares of iShares Russell 1000 ETF by 2.8% during the 2nd quarter. Golden State Equity Partners now owns 1,679 shares of the company’s stock valued at $570,000 after acquiring an additional 46 shares in the last quarter.

iShares Russell 1000 ETF Stock Down 0.5%

NYSEARCA IWB opened at $364.56 on Wednesday. iShares Russell 1000 ETF has a twelve month low of $264.17 and a twelve month high of $366.84. The stock has a market cap of $44.42 billion, a P/E ratio of 24.71 and a beta of 1.01. The company’s 50-day simple moving average is $353.14 and its 200 day simple moving average is $328.71.

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.