Strategic Financial Concepts LLC Makes New Investment in iShares Russell 1000 ETF (NYSEARCA:IWB)

Strategic Financial Concepts LLC bought a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 32,568 shares of the company’s stock, valued at approximately $10,492,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Global Retirement Partners LLC raised its stake in iShares Russell 1000 ETF by 2.6% during the third quarter. Global Retirement Partners LLC now owns 2,969 shares of the company’s stock worth $934,000 after purchasing an additional 75 shares during the period. Stratos Wealth Partners LTD. raised its position in shares of iShares Russell 1000 ETF by 0.6% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 36,421 shares of the company’s stock valued at $11,450,000 after buying an additional 218 shares during the period. Stratos Wealth Advisors LLC raised its position in shares of iShares Russell 1000 ETF by 0.6% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 8,046 shares of the company’s stock valued at $2,530,000 after buying an additional 48 shares during the period. Precedent Wealth Partners LLC lifted its holdings in iShares Russell 1000 ETF by 46.0% in the third quarter. Precedent Wealth Partners LLC now owns 11,956 shares of the company’s stock valued at $3,759,000 after acquiring an additional 3,765 shares during the last quarter. Finally, IFG Advisors LLC grew its position in iShares Russell 1000 ETF by 2.5% in the third quarter. IFG Advisors LLC now owns 14,453 shares of the company’s stock worth $4,544,000 after acquiring an additional 351 shares during the period.

iShares Russell 1000 ETF Stock Up 0.0 %

IWB stock opened at $336.03 on Friday. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $336.69. The business has a fifty day moving average of $329.33 and a two-hundred day moving average of $318.82. The stock has a market cap of $41.25 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.