Brown Financial Advisory Has $10.21 Million Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Brown Financial Advisory decreased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,322 shares of the company’s stock after selling 2,062 shares during the period. iShares Russell 1000 ETF makes up approximately 7.9% of Brown Financial Advisory’s holdings, making the stock its 4th biggest position. Brown Financial Advisory’s holdings in iShares Russell 1000 ETF were worth $10,212,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Capital Advisors Wealth Management LLC boosted its position in shares of iShares Russell 1000 ETF by 1.8% during the first quarter. Capital Advisors Wealth Management LLC now owns 2,041 shares of the company’s stock valued at $588,000 after buying an additional 36 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of iShares Russell 1000 ETF by 1.8% in the fourth quarter. International Assets Investment Management LLC now owns 2,290 shares of the company’s stock worth $601,000 after acquiring an additional 40 shares during the period. MONECO Advisors LLC grew its stake in shares of iShares Russell 1000 ETF by 1.9% in the fourth quarter. MONECO Advisors LLC now owns 2,160 shares of the company’s stock worth $566,000 after acquiring an additional 41 shares during the period. Transcendent Capital Group LLC raised its holdings in shares of iShares Russell 1000 ETF by 76.4% during the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after purchasing an additional 42 shares during the last quarter. Finally, Tandem Capital Management Corp ADV lifted its position in iShares Russell 1000 ETF by 1.6% during the fourth quarter. Tandem Capital Management Corp ADV now owns 2,800 shares of the company’s stock valued at $734,000 after purchasing an additional 45 shares during the period.

iShares Russell 1000 ETF Stock Up 1.2 %

IWB traded up $3.58 during mid-day trading on Friday, reaching $308.14. 354,756 shares of the company traded hands, compared to its average volume of 789,668. The stock has a market capitalization of $37.82 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $224.41 and a 52-week high of $309.61. The company’s fifty day moving average price is $299.57 and its 200-day moving average price is $289.07.

About iShares Russell 1000 ETF

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.