Ellis Investment Partners LLC Purchases 476 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Ellis Investment Partners LLC raised its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,282 shares of the company’s stock after acquiring an additional 476 shares during the quarter. Ellis Investment Partners LLC’s holdings in iShares Russell 1000 ETF were worth $2,762,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. LRI Investments LLC bought a new position in shares of iShares Russell 1000 ETF in the 1st quarter worth approximately $27,000. Transcendent Capital Group LLC raised its position 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 worth $29,000 after acquiring an additional 42 shares during the period. Robinson Capital Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth $33,000. Rosenberg Matthew Hamilton grew its position in shares of iShares Russell 1000 ETF by 176.7% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after acquiring an additional 76 shares during the period. Finally, JNBA Financial Advisors purchased a new stake in shares of iShares Russell 1000 ETF in the 1st quarter worth $50,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $295.88 on Friday. The business’s fifty day moving average is $300.88 and its 200 day moving average is $291.16. iShares Russell 1000 ETF has a fifty-two week low of $224.41 and a fifty-two week high of $309.61. The company has a market capitalization of $36.32 billion, a PE ratio of 24.68 and a beta of 1.01.

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.