iShares Russell 1000 ETF (NYSEARCA:IWB) Stake Lowered by MPS Loria Financial Planners LLC

MPS Loria Financial Planners LLC lessened its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 377,918 shares of the company’s stock after selling 6,367 shares during the period. iShares Russell 1000 ETF accounts for approximately 36.0% of MPS Loria Financial Planners LLC’s investment portfolio, making the stock its biggest holding. MPS Loria Financial Planners LLC owned approximately 0.31% of iShares Russell 1000 ETF worth $121,750,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in IWB. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in iShares Russell 1000 ETF by 398.0% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock valued at $313,132,000 after acquiring an additional 796,000 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of iShares Russell 1000 ETF by 26,328.0% in the 3rd quarter. International Assets Investment Management LLC now owns 605,201 shares of the company’s stock valued at $190,269,000 after purchasing an additional 602,911 shares during the last quarter. Millennium Management LLC boosted its position in shares of iShares Russell 1000 ETF by 4,016.4% in the 2nd quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock valued at $106,373,000 after purchasing an additional 348,824 shares during the period. Financial Advocates Investment Management purchased a new position in iShares Russell 1000 ETF during the 3rd quarter worth approximately $28,903,000. Finally, Argent Capital Management LLC acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth approximately $27,324,000.

iShares Russell 1000 ETF Trading Up 1.8 %

Shares of NYSEARCA IWB opened at $326.65 on Thursday. The stock has a market cap of $40.10 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $258.68 and a twelve month high of $336.18. The stock has a 50 day moving average of $327.99 and a two-hundred day moving average of $314.19.

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.