Farther Finance Advisors LLC Boosts Stake in iShares Russell 1000 ETF $IWB

Farther Finance Advisors LLC boosted its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 24.3% in the 3rd quarter, Holdings Channel reports. The fund owned 9,998 shares of the company’s stock after acquiring an additional 1,956 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $3,654,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IWB. Capital A Wealth Management LLC purchased a new position in iShares Russell 1000 ETF in the 2nd quarter worth approximately $30,000. Caldwell Trust Co acquired a new stake in shares of iShares Russell 1000 ETF in the second quarter valued at approximately $30,000. Cary Street Partners Investment Advisory LLC lifted its position in iShares Russell 1000 ETF by 75.0% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 91 shares of the company’s stock worth $31,000 after buying an additional 39 shares in the last quarter. eCIO Inc. purchased a new position in iShares Russell 1000 ETF during the first quarter worth approximately $36,000. Finally, RMG Wealth Management LLC acquired a new position in iShares Russell 1000 ETF during the second quarter worth $45,000.

iShares Russell 1000 ETF Stock Up 0.4%

Shares of NYSEARCA:IWB opened at $378.20 on Thursday. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $378.50. The stock has a market cap of $45.54 billion, a P/E ratio of 24.71 and a beta of 1.01. The business has a fifty day moving average of $370.93 and a two-hundred day moving average of $357.44.

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.