Envestnet Portfolio Solutions Inc. Raises Holdings in iShares Russell 1000 ETF $IWB

Envestnet Portfolio Solutions Inc. increased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 29.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 204,201 shares of the company’s stock after purchasing an additional 46,829 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 1000 ETF were worth $76,257,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWB. Brighton Jones LLC boosted its position in shares of iShares Russell 1000 ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock valued at $58,807,000 after acquiring an additional 6,006 shares during the last quarter. Revolve Wealth Partners LLC increased its position in iShares Russell 1000 ETF by 56.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock worth $486,000 after purchasing an additional 542 shares during the last quarter. First Trust Advisors LP raised its stake in iShares Russell 1000 ETF by 32.3% during the second quarter. First Trust Advisors LP now owns 1,307 shares of the company’s stock valued at $444,000 after purchasing an additional 319 shares in the last quarter. Jump Financial LLC bought a new position in iShares Russell 1000 ETF during the second quarter valued at $2,403,000. Finally, Qube Research & Technologies Ltd lifted its position in iShares Russell 1000 ETF by 18.6% during the second quarter. Qube Research & Technologies Ltd now owns 3,418 shares of the company’s stock valued at $1,161,000 after purchasing an additional 535 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 0.0%

Shares of NYSEARCA:IWB opened at $402.36 on Tuesday. The firm has a fifty day simple moving average of $377.13 and a two-hundred day simple moving average of $375.48. iShares Russell 1000 ETF has a 52 week low of $316.35 and a 52 week high of $408.38. The stock has a market capitalization of $47.34 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.