Connecticut Wealth Management LLC Increases Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Connecticut Wealth Management LLC lifted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,380 shares of the company’s stock after purchasing an additional 197 shares during the period. Connecticut Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $1,149,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWB. M&T Bank Corp raised its holdings in iShares Russell 1000 ETF by 1.1% during the fourth quarter. M&T Bank Corp now owns 2,954,718 shares of the company’s stock worth $774,904,000 after purchasing an additional 31,595 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares Russell 1000 ETF by 1.8% in the third quarter. LPL Financial LLC now owns 2,249,921 shares of the company’s stock valued at $528,529,000 after purchasing an additional 38,800 shares during the last quarter. Johnson Investment Counsel Inc. increased its stake in shares of iShares Russell 1000 ETF by 0.6% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 1,200,365 shares of the company’s stock worth $281,978,000 after purchasing an additional 6,945 shares in the last quarter. Pathstone Family Office LLC raised its holdings in shares of iShares Russell 1000 ETF by 2,233.8% in the third quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock worth $274,904,000 after acquiring an additional 1,119,893 shares during the last quarter. Finally, UBS Group AG raised its position in shares of iShares Russell 1000 ETF by 10.7% in the third quarter. UBS Group AG now owns 1,068,549 shares of the company’s stock valued at $251,013,000 after buying an additional 102,850 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB traded up $3.31 during trading hours on Friday, hitting $281.14. 459,439 shares of the company’s stock were exchanged, compared to its average volume of 719,669. iShares Russell 1000 ETF has a 12-month low of $221.31 and a 12-month high of $288.75. The business’s 50 day moving average is $281.65 and its 200-day moving average is $265.26. The firm has a market capitalization of $34.51 billion, a P/E ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

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.