Checchi Capital Advisers LLC Buys 1,241 Shares of iShares Russell 1000 ETF $IWB

Checchi Capital Advisers LLC raised its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 8.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,583 shares of the company’s stock after purchasing an additional 1,241 shares during the period. Checchi Capital Advisers LLC’s holdings in iShares Russell 1000 ETF were worth $5,556,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. REAP Financial Group LLC bought a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at approximately $28,000. Sound Income Strategies LLC bought a new stake in iShares Russell 1000 ETF in the first quarter worth $28,000. Advocate Investing Services LLC bought a new stake in iShares Russell 1000 ETF in the fourth quarter worth $31,000. True Wealth Design LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth $32,000. Finally, Optima Capital LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth $32,000.

iShares Russell 1000 ETF Stock Up 0.4%

IWB stock opened at $411.48 on Wednesday. iShares Russell 1000 ETF has a twelve month low of $339.54 and a twelve month high of $415.11. The stock has a market capitalization of $48.60 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The firm’s fifty day simple moving average is $406.65 and its two-hundred day simple moving average is $385.93.

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.