Glassman Wealth Services Has $14.90 Million Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Glassman Wealth Services lessened its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,235 shares of the company’s stock after selling 358 shares during the period. iShares Russell 1000 ETF comprises 2.5% of Glassman Wealth Services’ holdings, making the stock its 8th largest position. Glassman Wealth Services’ holdings in iShares Russell 1000 ETF were worth $14,895,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Clarkston Capital Partners LLC bought a new position in iShares Russell 1000 ETF during the 3rd quarter worth about $32,000. Archer Investment Corp bought a new position in iShares Russell 1000 ETF during the 3rd quarter worth about $37,000. Crews Bank & Trust bought a new position in iShares Russell 1000 ETF during the 4th quarter worth about $37,000. Golden State Wealth Management LLC bought a new position in iShares Russell 1000 ETF during the 4th quarter worth about $37,000. Finally, Centricity Wealth Management LLC bought a new position in iShares Russell 1000 ETF during the 4th quarter worth about $39,000.

iShares Russell 1000 ETF Trading Up 1.6 %

IWB stock opened at $326.39 on Friday. The stock has a market cap of $38.74 billion, a PE ratio of 26.23 and a beta of 1.03. The stock has a 50-day moving average price of $329.40 and a two-hundred day moving average price of $321.69. iShares Russell 1000 ETF has a 1 year low of $271.54 and a 1 year high of $337.76.

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.