Essex Financial Services Inc. Acquires 2,460 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Essex Financial Services Inc. raised its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 145.4% during the fourth quarter, Holdings Channel reports. The fund owned 4,152 shares of the company’s stock after buying an additional 2,460 shares during the period. Essex Financial Services Inc.’s holdings in iShares Russell 1000 ETF were worth $1,089,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. M&T Bank Corp grew its holdings in shares of iShares Russell 1000 ETF by 1.7% in the third quarter. M&T Bank Corp now owns 2,923,123 shares of the company’s stock worth $686,672,000 after purchasing an additional 49,597 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares Russell 1000 ETF by 1.8% in the third quarter. LPL Financial LLC now owns 2,249,921 shares of the company’s stock worth $528,529,000 after purchasing an additional 38,800 shares during the last quarter. Johnson Investment Counsel Inc. grew its holdings in shares of iShares Russell 1000 ETF by 0.6% in the third quarter. Johnson Investment Counsel Inc. now owns 1,200,365 shares of the company’s stock worth $281,978,000 after purchasing an additional 6,945 shares during the last quarter. Pathstone Family Office LLC grew its holdings in shares of iShares Russell 1000 ETF by 2,233.8% in the third quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock worth $274,904,000 after purchasing an additional 1,119,893 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of iShares Russell 1000 ETF by 10.7% in the third quarter. UBS Group AG now owns 1,068,549 shares of the company’s stock worth $251,013,000 after purchasing an additional 102,850 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 0.3 %

Shares of IWB stock opened at $275.18 on Thursday. The stock has a fifty day moving average of $281.64 and a 200 day moving average of $264.50. iShares Russell 1000 ETF has a 52 week low of $221.31 and a 52 week high of $288.75. The firm has a market capitalization of $33.78 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.