Raymond James & Associates Buys 44,157 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Raymond James & Associates raised its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 25.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 220,842 shares of the company’s stock after buying an additional 44,157 shares during the period. Raymond James & Associates owned about 0.17% of iShares Russell 1000 ETF worth $57,918,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Wealthsource Partners LLC raised its stake in iShares Russell 1000 ETF by 51.2% in the fourth quarter. Wealthsource Partners LLC now owns 32,945 shares of the company’s stock valued at $8,640,000 after buying an additional 11,152 shares during the period. Premier Path Wealth Partners LLC bought a new stake in iShares Russell 1000 ETF in the fourth quarter valued at approximately $1,609,000. GPS Wealth Strategies Group LLC raised its stake in iShares Russell 1000 ETF by 1.4% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 3,185 shares of the company’s stock valued at $835,000 after buying an additional 43 shares during the period. Henrickson Nauta Wealth Advisors Inc. bought a new stake in iShares Russell 1000 ETF in the fourth quarter valued at approximately $1,422,000. Finally, Allred Capital Management LLC raised its stake in iShares Russell 1000 ETF by 183.6% in the fourth quarter. Allred Capital Management LLC now owns 3,176 shares of the company’s stock valued at $833,000 after buying an additional 2,056 shares during the period.

iShares Russell 1000 ETF Stock Up 1.0 %

NYSEARCA:IWB opened at $288.10 on Thursday. The stock’s 50 day moving average price is $276.21 and its two-hundred day moving average price is $256.98. The firm has a market capitalization of $36.47 billion, a price-to-earnings ratio of 17.92 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $216.32 and a 12-month high of $288.40.

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.