AE Wealth Management LLC Buys 679 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

AE Wealth Management LLC lifted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 23.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,621 shares of the company’s stock after acquiring an additional 679 shares during the period. AE Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $1,077,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Waterloo Capital L.P. bought a new stake in iShares Russell 1000 ETF during the fourth quarter valued at about $4,471,000. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Russell 1000 ETF by 3.4% during the fourth 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. Miller Investment Management LP bought a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $991,000. Guardian Wealth Advisors LLC NC grew its stake in shares of iShares Russell 1000 ETF by 3.1% in the fourth quarter. Guardian Wealth Advisors LLC NC now owns 9,490 shares of the company’s stock worth $2,489,000 after acquiring an additional 288 shares during the last quarter. Finally, Creative Planning increased its position in iShares Russell 1000 ETF by 5.2% during the fourth quarter. Creative Planning now owns 679,933 shares of the company’s stock worth $178,319,000 after acquiring an additional 33,645 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $314.14 on Wednesday. The company has a market cap of $38.56 billion, a PE ratio of 24.68 and a beta of 1.01. The firm has a fifty day moving average price of $301.89 and a two-hundred day moving average price of $293.62. iShares Russell 1000 ETF has a fifty-two week low of $224.41 and a fifty-two week high of $314.29.

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.