iShares Russell 1000 ETF $IWB Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers grew its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 361,081 shares of the company’s stock after buying an additional 8,550 shares during the period. Cetera Investment Advisers’ holdings in iShares Russell 1000 ETF were worth $128,747,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. NewEdge Wealth LLC lifted its stake in shares of iShares Russell 1000 ETF by 3.8% during the first quarter. NewEdge Wealth LLC now owns 4,513 shares of the company’s stock worth $1,609,000 after buying an additional 167 shares during the period. Phillip James Consulting Co. acquired a new position in shares of iShares Russell 1000 ETF in the 1st quarter valued at $4,308,000. PNC Financial Services Group Inc. raised its stake in iShares Russell 1000 ETF by 1.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock worth $830,623,000 after acquiring an additional 32,054 shares during the last quarter. HORAN Wealth LLC purchased a new position in iShares Russell 1000 ETF in the 1st quarter worth $318,000. Finally, Rice Partnership LLC lifted its position in iShares Russell 1000 ETF by 1.7% during the 1st quarter. Rice Partnership LLC now owns 45,746 shares of the company’s stock worth $16,311,000 after acquiring an additional 754 shares during the period.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $408.71 on Thursday. The business’s 50-day simple moving average is $407.49 and its two-hundred day simple moving average is $387.33. The company has a market cap of $48.27 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a fifty-two week low of $340.11 and a fifty-two week high of $415.11.

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.