TD Private Client Wealth LLC Grows Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

TD Private Client Wealth LLC increased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 28,481 shares of the company’s stock after acquiring an additional 2,968 shares during the quarter. TD Private Client Wealth LLC’s holdings in iShares Russell 1000 ETF were worth $8,954,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in IWB. Sound Income Strategies LLC raised its holdings in shares of iShares Russell 1000 ETF by 239.3% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after acquiring an additional 67 shares in the last quarter. Winch Advisory Services LLC bought a new position in shares of iShares Russell 1000 ETF in the third quarter worth approximately $30,000. Transcendent Capital Group LLC raised its stake in iShares Russell 1000 ETF by 76.4% in the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after purchasing an additional 42 shares in the last quarter. Clarkston Capital Partners LLC bought a new stake in iShares Russell 1000 ETF during the third quarter valued at approximately $32,000. Finally, Archer Investment Corp purchased a new position in iShares Russell 1000 ETF in the 3rd quarter worth approximately $37,000.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $332.37 on Wednesday. iShares Russell 1000 ETF has a fifty-two week low of $252.83 and a fifty-two week high of $336.18. The stock has a market cap of $40.80 billion, a P/E ratio of 24.68 and a beta of 1.01. The firm’s fifty day moving average price is $322.68 and its 200-day moving average price is $308.24.

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.