iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Purchased by Cetera Advisors LLC

Cetera Advisors LLC increased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 82.6% during the first quarter, Holdings Channel reports. The fund owned 54,908 shares of the company’s stock after acquiring an additional 24,844 shares during the quarter. Cetera Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $15,815,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Mascoma Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at $25,000. LRI Investments LLC purchased a new stake in iShares Russell 1000 ETF during the 1st quarter worth $27,000. Baystate Wealth Management LLC boosted its position in iShares Russell 1000 ETF by 70.8% during the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after purchasing an additional 51 shares during the period. Robinson Capital Management LLC purchased a new stake in iShares Russell 1000 ETF during the 4th quarter worth $33,000. Finally, JNBA Financial Advisors purchased a new stake in iShares Russell 1000 ETF during the 1st quarter worth $50,000.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock traded down $5.79 during trading on Friday, reaching $291.74. 953,366 shares of the company’s stock were exchanged, compared to its average volume of 797,198. The company’s 50-day moving average is $297.82 and its two-hundred day moving average is $285.77. iShares Russell 1000 ETF has a 52-week low of $224.41 and a 52-week high of $309.61. The firm has a market cap of $35.81 billion, a price-to-earnings 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.