US Financial Advisors LLC Buys 2,633 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

US Financial Advisors LLC increased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 136,930 shares of the company’s stock after purchasing an additional 2,633 shares during the quarter. iShares Russell 1000 ETF accounts for approximately 13.4% of US Financial Advisors LLC’s holdings, making the stock its biggest position. US Financial Advisors LLC owned approximately 0.11% of iShares Russell 1000 ETF worth $43,049,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Avidian Wealth Enterprises LLC increased its position in iShares Russell 1000 ETF by 0.6% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 25,757 shares of the company’s stock worth $8,098,000 after purchasing an additional 147 shares during the period. Crestwood Advisors Group LLC grew its holdings in iShares Russell 1000 ETF by 50.9% during the third quarter. Crestwood Advisors Group LLC now owns 5,181 shares of the company’s stock worth $1,629,000 after acquiring an additional 1,747 shares during the period. Landmark Wealth Management LLC purchased a new position in iShares Russell 1000 ETF in the third quarter worth $1,378,000. Wetzel Investment Advisors Inc. raised its position in iShares Russell 1000 ETF by 357.4% in the third quarter. Wetzel Investment Advisors Inc. now owns 1,299 shares of the company’s stock worth $408,000 after acquiring an additional 1,015 shares in the last quarter. Finally, Lansing Street Advisors lifted its holdings in iShares Russell 1000 ETF by 0.3% in the third quarter. Lansing Street Advisors now owns 10,144 shares of the company’s stock valued at $3,189,000 after acquiring an additional 35 shares during the period.

iShares Russell 1000 ETF Stock Up 2.6 %

NYSEARCA:IWB opened at $324.97 on Thursday. The firm’s fifty day simple moving average is $312.44 and its 200-day simple moving average is $300.67. The stock has a market cap of $39.89 billion, a PE ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $237.52 and a fifty-two week high of $325.46.

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.