Stonebridge Financial Group LLC Takes $531,000 Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Stonebridge Financial Group LLC acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, Holdings Channel.com reports. The fund acquired 1,647 shares of the company’s stock, valued at approximately $531,000.

A number of other institutional investors also recently modified their holdings of IWB. Etesian Wealth Advisors Inc. increased its holdings in iShares Russell 1000 ETF by 32.0% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock valued at $390,000 after purchasing an additional 301 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth $51,000. First Citizens Bank & Trust Co. increased its stake in shares of iShares Russell 1000 ETF by 125.2% in the third quarter. First Citizens Bank & Trust Co. now owns 11,686 shares of the company’s stock valued at $3,674,000 after buying an additional 6,497 shares in the last quarter. Windsor Capital Management LLC raised its holdings in shares of iShares Russell 1000 ETF by 5.9% in the fourth quarter. Windsor Capital Management LLC now owns 699 shares of the company’s stock valued at $225,000 after buying an additional 39 shares during the last quarter. Finally, Broadview Financial Management LLC raised its stake in shares of iShares Russell 1000 ETF by 18.6% in the third quarter. Broadview Financial Management LLC now owns 8,391 shares of the company’s stock worth $2,638,000 after acquiring an additional 1,314 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

IWB opened at $333.59 on Wednesday. The stock has a market capitalization of $40.95 billion, a P/E ratio of 24.68 and a beta of 1.01. The company’s 50 day simple moving average is $329.36 and its 200-day simple moving average is $318.10. iShares Russell 1000 ETF has a one year low of $269.98 and a one year high of $336.61.

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.