Wealthfront Advisers LLC increased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 12.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 129,164 shares of the company’s stock after purchasing an additional 13,859 shares during the quarter. Wealthfront Advisers LLC’s holdings in iShares Russell 1000 ETF were worth $46,055,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the company. REAP Financial Group LLC acquired a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $28,000. Sound Income Strategies LLC acquired a new position in iShares Russell 1000 ETF during the first quarter valued at approximately $28,000. Advocate Investing Services LLC bought a new stake in iShares Russell 1000 ETF during the fourth quarter worth $31,000. True Wealth Design LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at $32,000. Finally, Optima Capital LLC bought a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at $32,000.
iShares Russell 1000 ETF Stock Up 0.3%
NYSEARCA:IWB opened at $412.74 on Thursday. The stock’s 50-day simple moving average is $406.89 and its 200 day simple moving average is $386.17. The firm has a market capitalization of $48.74 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a twelve month low of $339.54 and a twelve month high of $415.11.
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.
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Want to see what other hedge funds are holding IWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report).
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