Cypress Wealth Services LLC Has $1.99 Million Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Cypress Wealth Services LLC boosted its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 30.6% during the 1st quarter, Holdings Channel reports. The fund owned 6,478 shares of the company’s stock after buying an additional 1,518 shares during the period. Cypress Wealth Services LLC’s holdings in iShares Russell 1000 ETF were worth $1,987,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Trexquant Investment LP acquired a new stake in iShares Russell 1000 ETF in the 4th quarter valued at $527,000. Windsor Capital Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 5.9% in the fourth quarter. Windsor Capital Management LLC now owns 699 shares of the company’s stock valued at $225,000 after buying an additional 39 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares Russell 1000 ETF by 9.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,682,078 shares of the company’s stock valued at $1,508,378,000 after buying an additional 422,237 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in shares of iShares Russell 1000 ETF by 9.3% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 20,454 shares of the company’s stock valued at $6,589,000 after buying an additional 1,735 shares during the last quarter. Finally, Csenge Advisory Group increased its position in shares of iShares Russell 1000 ETF by 4.6% during the fourth quarter. Csenge Advisory Group now owns 18,215 shares of the company’s stock worth $5,868,000 after acquiring an additional 794 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $327.57 on Thursday. The business has a 50-day simple moving average of $306.34 and a two-hundred day simple moving average of $319.13. The company has a market capitalization of $39.95 billion, a P/E ratio of 24.42 and a beta of 1.02. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $337.76.

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.