HighTower Advisors LLC Has $156.69 Million Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

HighTower Advisors LLC grew its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 486,387 shares of the company’s stock after buying an additional 2,610 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $156,694,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. New England Private Wealth Advisors LLC increased its stake in shares of iShares Russell 1000 ETF by 0.3% in the fourth quarter. New England Private Wealth Advisors LLC now owns 42,173 shares of the company’s stock valued at $13,586,000 after buying an additional 122 shares in the last quarter. Citizens Financial Group Inc. RI increased its position in iShares Russell 1000 ETF by 22.6% in the fourth quarter. Citizens Financial Group Inc. RI now owns 18,611 shares of the company’s stock worth $5,996,000 after purchasing an additional 3,436 shares during the period. Davis R M Inc. increased its position in iShares Russell 1000 ETF by 3.8% in the fourth quarter. Davis R M Inc. now owns 59,948 shares of the company’s stock worth $19,313,000 after purchasing an additional 2,175 shares during the period. Independent Advisor Alliance acquired a new stake in iShares Russell 1000 ETF in the fourth quarter worth about $9,000,000. Finally, Johnson Investment Counsel Inc. increased its position in iShares Russell 1000 ETF by 3.0% in the fourth quarter. Johnson Investment Counsel Inc. now owns 1,329,268 shares of the company’s stock worth $428,237,000 after purchasing an additional 39,204 shares during the period.

iShares Russell 1000 ETF Stock Down 0.8 %

Shares of IWB stock opened at $305.02 on Wednesday. The stock has a 50-day moving average price of $327.58 and a 200 day moving average price of $322.30. The firm has a market cap of $36.21 billion, a price-to-earnings ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a 12 month low of $271.54 and a 12 month high of $337.76.

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.