NorthRock Partners LLC Has $29.47 Million Position in iShares Russell 1000 ETF $IWB

NorthRock Partners LLC boosted its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 6.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 80,644 shares of the company’s stock after purchasing an additional 4,953 shares during the quarter. NorthRock Partners LLC’s holdings in iShares Russell 1000 ETF were worth $29,474,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC bought a new position in iShares Russell 1000 ETF during the 3rd quarter worth $30,000. First Command Advisory Services Inc. bought a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at about $31,000. Capital A Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF in the second quarter valued at about $30,000. Caldwell Trust Co acquired a new position in shares of iShares Russell 1000 ETF in the second quarter valued at about $30,000. Finally, Absher Wealth Management LLC bought a new position in iShares Russell 1000 ETF during the third quarter worth about $33,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $362.62 on Friday. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $382.34. The firm’s 50-day simple moving average is $376.33 and its 200 day simple moving average is $370.67. The firm has a market cap of $44.77 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.

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.