iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. grew its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 13.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 228,141 shares of the company’s stock after purchasing an additional 27,608 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 1000 ETF were worth $73,498,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWB. Apollon Wealth Management LLC raised its position in iShares Russell 1000 ETF by 15.7% in the third quarter. Apollon Wealth Management LLC now owns 1,704 shares of the company’s stock valued at $536,000 after purchasing an additional 231 shares during the period. Oppenheimer & Co. Inc. increased its position in shares of iShares Russell 1000 ETF by 5.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 3,894 shares of the company’s stock worth $1,224,000 after purchasing an additional 210 shares during the last quarter. Archer Investment Corp purchased a new stake in iShares Russell 1000 ETF in the 3rd quarter valued at about $37,000. TSA Wealth Managment LLC raised its holdings in iShares Russell 1000 ETF by 3.8% in the 3rd quarter. TSA Wealth Managment LLC now owns 3,561 shares of the company’s stock valued at $1,120,000 after buying an additional 129 shares during the period. Finally, Natixis Advisors LLC lifted its position in iShares Russell 1000 ETF by 16.0% in the third quarter. Natixis Advisors LLC now owns 20,544 shares of the company’s stock valued at $6,459,000 after buying an additional 2,836 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $308.87 on Friday. The firm has a 50-day simple moving average of $326.55 and a two-hundred day simple moving average of $322.16. The stock has a market cap of $36.96 billion, a PE ratio of 24.45 and a beta of 1.03. 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.