iShares Russell 1000 ETF $IWB is MPS Loria Financial Planners LLC’s Largest Position

MPS Loria Financial Planners LLC lifted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 334,251 shares of the company’s stock after purchasing an additional 1,854 shares during the quarter. iShares Russell 1000 ETF comprises about 32.5% of MPS Loria Financial Planners LLC’s holdings, making the stock its biggest position. MPS Loria Financial Planners LLC’s holdings in iShares Russell 1000 ETF were worth $122,162,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in IWB. Kingstone Capital Partners Texas LLC purchased a new stake in iShares Russell 1000 ETF in the 2nd quarter worth approximately $412,262,000. Bank of America Corp DE boosted its position in shares of iShares Russell 1000 ETF by 14.9% in the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after purchasing an additional 616,717 shares during the period. Jones Financial Companies Lllp increased its stake in shares of iShares Russell 1000 ETF by 5.1% in the first quarter. Jones Financial Companies Lllp now owns 10,240,732 shares of the company’s stock worth $3,123,735,000 after purchasing an additional 499,981 shares in the last quarter. Halbert Hargrove Global Advisors LLC raised its position in shares of iShares Russell 1000 ETF by 2,783.3% during the 2nd quarter. Halbert Hargrove Global Advisors LLC now owns 466,465 shares of the company’s stock valued at $158,398,000 after purchasing an additional 450,287 shares during the period. Finally, Orion Porfolio Solutions LLC lifted its stake in shares of iShares Russell 1000 ETF by 506.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 302,116 shares of the company’s stock valued at $102,590,000 after buying an additional 252,307 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of iShares Russell 1000 ETF stock opened at $378.10 on Monday. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $378.86. The company has a market capitalization of $45.52 billion, a P/E ratio of 24.71 and a beta of 1.01. The company has a fifty day moving average of $371.51 and a 200 day moving average of $358.30.

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.