Focus Partners Wealth Increases Stock Holdings in iShares Russell 1000 ETF $IWB

Focus Partners Wealth lifted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 86.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,739,749 shares of the company’s stock after acquiring an additional 805,083 shares during the period. iShares Russell 1000 ETF makes up approximately 1.0% of Focus Partners Wealth’s investment portfolio, making the stock its 19th largest position. Focus Partners Wealth’s holdings in iShares Russell 1000 ETF were worth $635,852,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rede Wealth LLC purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at about $2,475,000. First Horizon Corp purchased a new position in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $2,240,000. Belpointe Asset Management LLC raised its position in shares of iShares Russell 1000 ETF by 109.2% during the 3rd quarter. Belpointe Asset Management LLC now owns 10,904 shares of the company’s stock worth $3,985,000 after purchasing an additional 5,692 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of iShares Russell 1000 ETF during the 2nd quarter worth approximately $1,485,000. Finally, Calamos Wealth Management LLC lifted its stake in iShares Russell 1000 ETF by 16.5% in the 3rd quarter. Calamos Wealth Management LLC now owns 10,400 shares of the company’s stock valued at $3,801,000 after buying an additional 1,474 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB opened at $362.62 on Monday. The business’s fifty day moving average price is $376.33 and its two-hundred day moving average price is $370.89. The stock has a market cap of $44.77 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $382.34.

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.