Summit Financial LLC Has $1.83 Million Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Summit Financial LLC reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,694 shares of the company’s stock after selling 36 shares during the period. Summit Financial LLC’s holdings in iShares Russell 1000 ETF were worth $1,834,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IWB. Lansing Street Advisors boosted its stake in shares of iShares Russell 1000 ETF by 0.3% in the 4th quarter. Lansing Street Advisors now owns 10,176 shares of the company’s stock valued at $3,278,000 after purchasing an additional 32 shares during the last quarter. TSA Wealth Managment LLC boosted its position in iShares Russell 1000 ETF by 0.9% during the fourth quarter. TSA Wealth Managment LLC now owns 3,593 shares of the company’s stock valued at $1,158,000 after acquiring an additional 32 shares during the last quarter. Traynor Capital Management Inc. boosted its position in iShares Russell 1000 ETF by 4.1% during the fourth quarter. Traynor Capital Management Inc. now owns 862 shares of the company’s stock valued at $278,000 after acquiring an additional 34 shares during the last quarter. GM Advisory Group LLC grew its holdings in iShares Russell 1000 ETF by 0.3% during the 4th quarter. GM Advisory Group LLC now owns 11,886 shares of the company’s stock worth $3,829,000 after acquiring an additional 37 shares during the period. Finally, Windsor Capital Management LLC raised its position in shares of iShares Russell 1000 ETF by 5.9% in the 4th quarter. Windsor Capital Management LLC now owns 699 shares of the company’s stock worth $225,000 after acquiring an additional 39 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $307.82 on Wednesday. The stock’s 50-day moving average is $322.92 and its 200 day moving average is $322.85. iShares Russell 1000 ETF has a one year low of $271.54 and a one year high of $337.76. The firm has a market cap of $37.29 billion, a price-to-earnings ratio of 24.07 and a beta of 1.03.

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.