Capital Asset Advisory Services LLC Increases Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Capital Asset Advisory Services LLC lifted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,971 shares of the company’s stock after purchasing an additional 189 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in iShares Russell 1000 ETF were worth $1,133,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Jones Financial Companies Lllp raised its position in shares of iShares Russell 1000 ETF by 2.8% in the 4th quarter. Jones Financial Companies Lllp now owns 8,379,815 shares of the company’s stock valued at $2,197,690,000 after purchasing an additional 227,252 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares Russell 1000 ETF by 3.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after buying an additional 146,971 shares during the last quarter. M&T Bank Corp raised its position in iShares Russell 1000 ETF by 1.1% during the 4th quarter. M&T Bank Corp now owns 2,954,718 shares of the company’s stock worth $774,904,000 after buying an additional 31,595 shares during the last quarter. Wells Fargo & Company MN raised its position in iShares Russell 1000 ETF by 2.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,427,248 shares of the company’s stock worth $374,310,000 after buying an additional 30,635 shares during the last quarter. Finally, Johnson Investment Counsel Inc. raised its position in iShares Russell 1000 ETF by 2.1% during the 4th quarter. Johnson Investment Counsel Inc. now owns 1,225,799 shares of the company’s stock worth $321,478,000 after buying an additional 25,434 shares during the last quarter.

iShares Russell 1000 ETF Trading Down 0.4 %

IWB opened at $297.54 on Friday. iShares Russell 1000 ETF has a 12-month low of $224.41 and a 12-month high of $300.83. The firm has a market capitalization of $36.52 billion, a PE ratio of 24.68 and a beta of 1.01. The firm has a 50 day moving average of $289.10 and a two-hundred day moving average of $278.72.

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.