iShares Russell 1000 ETF $IWB Stock: MPS Loria Financial Planners LLC Grows Position

MPS Loria Financial Planners LLC raised its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 351,528 shares of the company’s stock after buying an additional 4,044 shares during the period. iShares Russell 1000 ETF comprises about 27.5% of MPS Loria Financial Planners LLC’s investment portfolio, making the stock its biggest holding. MPS Loria Financial Planners LLC’s holdings in iShares Russell 1000 ETF were worth $146,281,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Baker Ellis Asset Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the 3rd quarter valued at $458,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares Russell 1000 ETF in the third quarter worth $65,000. First Citizens Bank & Trust Co. acquired a new position in shares of iShares Russell 1000 ETF in the third quarter worth $2,697,000. Signal Advisors Wealth LLC increased its stake in shares of iShares Russell 1000 ETF by 22.1% in the third quarter. Signal Advisors Wealth LLC now owns 3,178 shares of the company’s stock worth $1,323,000 after acquiring an additional 576 shares during the last quarter. Finally, Foster Group Inc. purchased a new stake in shares of iShares Russell 1000 ETF during the third quarter worth $241,000.

iShares Russell 1000 ETF Trading Down 1.2%

Shares of NYSEARCA:IWB opened at $419.75 on Thursday. iShares Russell 1000 ETF has a 1 year low of $345.21 and a 1 year high of $427.04. The business has a fifty day simple moving average of $420.25 and a 200 day simple moving average of $406.13. The firm has a market cap of $48.98 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.