Regal Investment Advisors LLC Raises Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Regal Investment Advisors LLC grew its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,530 shares of the company’s stock after acquiring an additional 140 shares during the period. Regal Investment Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $1,050,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Sunbelt Securities Inc. boosted its position in shares of iShares Russell 1000 ETF by 2.3% in the 2nd quarter. Sunbelt Securities Inc. now owns 1,659 shares of the company’s stock worth $493,000 after buying an additional 38 shares in the last quarter. Cape Cod Five Cents Savings Bank acquired a new position in iShares Russell 1000 ETF during the second quarter worth about $381,000. Northeast Financial Consultants Inc lifted its holdings in shares of iShares Russell 1000 ETF by 582.0% in the second quarter. Northeast Financial Consultants Inc now owns 11,641 shares of the company’s stock valued at $3,464,000 after purchasing an additional 9,934 shares in the last quarter. Silver Lake Advisory LLC acquired a new stake in shares of iShares Russell 1000 ETF in the second quarter valued at approximately $5,101,000. Finally, Copperwynd Financial LLC grew its position in shares of iShares Russell 1000 ETF by 12.5% in the second quarter. Copperwynd Financial LLC now owns 70,589 shares of the company’s stock valued at $21,311,000 after purchasing an additional 7,833 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $311.63 on Wednesday. The stock’s 50 day moving average price is $302.88 and its 200 day moving average price is $294.69. The firm has a market cap of $38.25 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1 year low of $224.41 and a 1 year high of $314.80.

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.