GPS Wealth Strategies Group LLC Has $1 Million Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

GPS Wealth Strategies Group LLC raised its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,274 shares of the company’s stock after purchasing an additional 67 shares during the period. GPS Wealth Strategies Group LLC’s holdings in iShares Russell 1000 ETF were worth $1,004,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IWB. Brighton Jones LLC grew its stake in iShares Russell 1000 ETF by 3.4% in the fourth 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 period. Revolve Wealth Partners LLC lifted its holdings in shares of iShares Russell 1000 ETF by 56.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock worth $486,000 after purchasing an additional 542 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the 4th quarter worth $37,000. Apollon Wealth Management LLC grew its position in iShares Russell 1000 ETF by 50.0% in the 4th quarter. Apollon Wealth Management LLC now owns 2,556 shares of the company’s stock valued at $823,000 after purchasing an additional 852 shares during the period. Finally, Kestra Private Wealth Services LLC increased its stake in iShares Russell 1000 ETF by 64.5% during the 4th quarter. Kestra Private Wealth Services LLC now owns 5,813 shares of the company’s stock valued at $1,873,000 after purchasing an additional 2,279 shares in the last quarter.

iShares Russell 1000 ETF Trading Down 0.3%

IWB opened at $330.61 on Thursday. iShares Russell 1000 ETF has a 1-year low of $264.17 and a 1-year high of $337.76. The company has a market cap of $40.32 billion, a price-to-earnings ratio of 24.42 and a beta of 1.02. The company’s fifty day moving average price is $309.35 and its two-hundred day moving average price is $319.25.

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.