Claro Advisors LLC raised its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 66.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,146 shares of the company’s stock after buying an additional 458 shares during the period. Claro Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $360,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Peterson Financial Group Inc. bought a new position in shares of iShares Russell 1000 ETF in the third quarter valued at approximately $83,000. Natixis Advisors LLC boosted its stake in iShares Russell 1000 ETF by 16.0% during the 3rd quarter. Natixis Advisors LLC now owns 20,544 shares of the company’s stock valued at $6,459,000 after purchasing an additional 2,836 shares in the last quarter. TSA Wealth Managment LLC increased its position in shares of iShares Russell 1000 ETF by 3.8% during the 3rd quarter. TSA Wealth Managment LLC now owns 3,561 shares of the company’s stock valued at $1,120,000 after purchasing an additional 129 shares during the period. Archer Investment Corp bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth $37,000. Finally, King Wealth Management Group lifted its holdings in shares of iShares Russell 1000 ETF by 73.0% in the third quarter. King Wealth Management Group now owns 1,543 shares of the company’s stock valued at $485,000 after buying an additional 651 shares during the period.
iShares Russell 1000 ETF Stock Up 0.5 %
NYSEARCA:IWB opened at $323.81 on Tuesday. The business’s 50-day moving average price is $316.30 and its 200 day moving average price is $303.64. iShares Russell 1000 ETF has a 52-week low of $246.97 and a 52-week high of $330.43. The firm has a market cap of $39.75 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.
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