Portfolio Resources Advisor Group Inc. Makes New Investment in iShares Russell 1000 ETF $IWB

Portfolio Resources Advisor Group Inc. purchased a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,087 shares of the company’s stock, valued at approximately $4,887,000. iShares Russell 1000 ETF makes up about 4.9% of Portfolio Resources Advisor Group Inc.’s portfolio, making the stock its 7th biggest holding.

Several other large investors have also recently made changes to their positions in IWB. Brighton Jones LLC raised its stake in shares of iShares Russell 1000 ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock worth $58,807,000 after acquiring an additional 6,006 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of iShares Russell 1000 ETF by 56.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock worth $486,000 after acquiring an additional 542 shares in the last quarter. First Trust Advisors LP raised its stake in shares of iShares Russell 1000 ETF by 32.3% during the second quarter. First Trust Advisors LP now owns 1,307 shares of the company’s stock worth $444,000 after acquiring an additional 319 shares in the last quarter. Jump Financial LLC purchased a new position in shares of iShares Russell 1000 ETF during the second quarter worth approximately $2,403,000. Finally, Qube Research & Technologies Ltd raised its stake in shares of iShares Russell 1000 ETF by 18.6% during the second quarter. Qube Research & Technologies Ltd now owns 3,418 shares of the company’s stock worth $1,161,000 after acquiring an additional 535 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $405.61 on Monday. The company has a market capitalization of $47.72 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a one year low of $325.31 and a one year high of $415.11. The company’s 50 day moving average price is $394.63 and its two-hundred day moving average price is $380.65.

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.