IFP Advisors Inc Boosts Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

IFP Advisors Inc raised its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,585 shares of the company’s stock after purchasing an additional 281 shares during the period. IFP Advisors Inc’s holdings in iShares Russell 1000 ETF were worth $2,765,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. WealthShield Partners LLC lifted its holdings in iShares Russell 1000 ETF by 958.1% during the fourth quarter. WealthShield Partners LLC now owns 1,767 shares of the company’s stock valued at $569,000 after purchasing an additional 1,600 shares in the last quarter. Mainstay Capital Management LLC ADV raised its position in shares of iShares Russell 1000 ETF by 40.1% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 11,286 shares of the company’s stock valued at $3,636,000 after buying an additional 3,229 shares during the last quarter. Partners Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at about $436,000. Lansing Street Advisors raised its position in shares of iShares Russell 1000 ETF by 0.3% in the fourth quarter. Lansing Street Advisors now owns 10,176 shares of the company’s stock valued at $3,278,000 after buying an additional 32 shares during the last quarter. Finally, New England Professional Planning Group Inc. raised its position in shares of iShares Russell 1000 ETF by 15.0% in the fourth quarter. New England Professional Planning Group Inc. now owns 780 shares of the company’s stock valued at $251,000 after buying an additional 102 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 0.5 %

Shares of NYSEARCA IWB opened at $326.46 on Wednesday. The firm has a 50-day simple moving average of $329.28 and a 200-day simple moving average of $321.25. The stock has a market capitalization of $38.75 billion, a price-to-earnings ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a 52 week low of $271.54 and a 52 week high of $337.76.

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.