Global Assets Advisory LLC Takes $40.15 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Global Assets Advisory LLC bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 139,389 shares of the company’s stock, valued at approximately $40,148,000. Global Assets Advisory LLC owned about 0.11% of iShares Russell 1000 ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in IWB. QRG Capital Management Inc. bought a new stake in shares of iShares Russell 1000 ETF during the third quarter valued at approximately $528,000. Stifel Financial Corp grew its position in iShares Russell 1000 ETF by 5.9% in the 3rd quarter. Stifel Financial Corp now owns 143,457 shares of the company’s stock worth $33,700,000 after purchasing an additional 8,015 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its position in iShares Russell 1000 ETF by 15.2% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 18,080 shares of the company’s stock worth $4,250,000 after purchasing an additional 2,384 shares during the period. Personal CFO Solutions LLC bought a new stake in iShares Russell 1000 ETF in the 3rd quarter worth approximately $221,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in iShares Russell 1000 ETF by 11.4% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,508 shares of the company’s stock worth $354,000 after purchasing an additional 154 shares during the period.

iShares Russell 1000 ETF Trading Down 0.2 %

NYSEARCA:IWB opened at $297.01 on Tuesday. iShares Russell 1000 ETF has a 12 month low of $224.41 and a 12 month high of $299.59. The company has a market cap of $36.46 billion, a PE ratio of 24.68 and a beta of 1.01. The company has a 50 day simple moving average of $287.23 and a two-hundred day simple moving average of $277.82.

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.