Howard Bailey Securities LLC Takes Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Howard Bailey Securities LLC bought a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, Holdings Channel.com reports. The firm bought 779 shares of the company’s stock, valued at approximately $251,000.

Several other institutional investors have also recently added to or reduced their stakes in IWB. CX Institutional acquired a new position in iShares Russell 1000 ETF in the 3rd quarter valued at about $1,351,000. CFM Wealth Partners LLC increased its position in iShares Russell 1000 ETF by 4.6% in the 3rd quarter. CFM Wealth Partners LLC now owns 9,117 shares of the company’s stock valued at $2,626,000 after acquiring an additional 404 shares during the period. Tsfg LLC increased its position in iShares Russell 1000 ETF by 1.7% in the 3rd quarter. Tsfg LLC now owns 6,957 shares of the company’s stock valued at $2,187,000 after acquiring an additional 116 shares during the period. SeaCrest Wealth Management LLC acquired a new position in iShares Russell 1000 ETF in the 3rd quarter valued at about $663,000. Finally, Halbert Hargrove Global Advisors LLC increased its position in iShares Russell 1000 ETF by 11.9% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 514,129 shares of the company’s stock valued at $161,637,000 after acquiring an additional 54,548 shares during the period.

iShares Russell 1000 ETF Trading Down 0.3 %

NYSEARCA IWB opened at $332.43 on Thursday. The business’s 50 day moving average is $329.37 and its two-hundred day moving average is $318.35. iShares Russell 1000 ETF has a 12-month low of $269.98 and a 12-month high of $336.61. The stock has a market capitalization of $40.81 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

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.