iShares Russell 1000 ETF $IWB Shares Bought by Park Avenue Securities LLC

Park Avenue Securities LLC grew its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 21.6% during the fourth quarter, HoldingsChannel reports. The firm owned 79,893 shares of the company’s stock after buying an additional 14,188 shares during the period. Park Avenue Securities LLC’s holdings in iShares Russell 1000 ETF were worth $29,835,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Legacy Wealth Management LLC MS purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at $336,000. Strategic Investment Advisors MI grew its holdings in iShares Russell 1000 ETF by 600.4% during the 3rd quarter. Strategic Investment Advisors MI now owns 105,259 shares of the company’s stock valued at $38,470,000 after purchasing an additional 90,231 shares in the last quarter. Keel Point LLC increased its stake in iShares Russell 1000 ETF by 0.5% during the 3rd quarter. Keel Point LLC now owns 124,893 shares of the company’s stock worth $45,646,000 after buying an additional 642 shares during the period. Allworth Financial LP lifted its holdings in iShares Russell 1000 ETF by 1.9% in the 3rd quarter. Allworth Financial LP now owns 15,192 shares of the company’s stock worth $5,552,000 after buying an additional 284 shares in the last quarter. Finally, IFP Advisors Inc lifted its holdings in iShares Russell 1000 ETF by 7.6% in the 3rd quarter. IFP Advisors Inc now owns 8,517 shares of the company’s stock worth $3,113,000 after buying an additional 603 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

NYSEARCA:IWB opened at $360.65 on Friday. The firm has a 50-day moving average of $375.17 and a two-hundred day moving average of $370.90. The stock has a market cap of $44.52 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 1-year low of $264.17 and a 1-year high of $382.34.

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.