Ascentis Independent Advisors Boosts Holdings in iShares Russell 1000 ETF $IWB

Ascentis Independent Advisors lifted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 647.8% during the first quarter, HoldingsChannel reports. The fund owned 12,600 shares of the company’s stock after acquiring an additional 10,915 shares during the quarter. Ascentis Independent Advisors’ holdings in iShares Russell 1000 ETF were worth $4,493,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWB. REAP Financial Group LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $28,000. Sound Income Strategies LLC acquired a new position in iShares Russell 1000 ETF during the first quarter worth $28,000. Advocate Investing Services LLC acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth $31,000. Optima Capital LLC purchased a new stake in iShares Russell 1000 ETF during the fourth quarter worth $32,000. Finally, True Wealth Design LLC purchased a new stake in iShares Russell 1000 ETF during the fourth quarter worth $32,000.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $408.75 on Monday. The firm has a market capitalization of $48.27 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a fifty-two week low of $339.54 and a fifty-two week high of $415.11. The stock’s fifty day moving average is $403.85 and its two-hundred day moving average is $384.06.

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.