ORG Partners LLC Takes $3.06 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

ORG Partners LLC bought a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,253 shares of the company’s stock, valued at approximately $3,057,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IWB. LRI Investments LLC bought a new stake in iShares Russell 1000 ETF in the first quarter worth about $27,000. Baystate Wealth Management LLC raised its position in iShares Russell 1000 ETF by 70.8% in the fourth quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after acquiring an additional 51 shares during the period. Robinson Capital Management LLC bought a new stake in iShares Russell 1000 ETF in the fourth quarter worth about $33,000. JNBA Financial Advisors bought a new stake in iShares Russell 1000 ETF in the first quarter worth about $50,000. Finally, Concourse Financial Group Securities Inc. raised its position in shares of iShares Russell 1000 ETF by 164.0% in the first quarter. Concourse Financial Group Securities Inc. now owns 198 shares of the company’s stock valued at $57,000 after purchasing an additional 123 shares during the period.

iShares Russell 1000 ETF Trading Up 0.4 %

Shares of NYSEARCA IWB traded up $1.07 during midday trading on Wednesday, hitting $297.89. The company’s stock had a trading volume of 505,951 shares, compared to its average volume of 802,764. The stock has a fifty day moving average price of $297.85 and a 200 day moving average price of $287.26. iShares Russell 1000 ETF has a one year low of $224.41 and a one year high of $309.61. The firm has a market capitalization of $36.57 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.