IFG Advisors LLC Acquires 351 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

IFG Advisors LLC lifted its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,453 shares of the company’s stock after acquiring an additional 351 shares during the period. iShares Russell 1000 ETF makes up about 1.0% of IFG Advisors LLC’s investment portfolio, making the stock its 21st largest holding. IFG Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $4,544,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. LRI Investments LLC bought a new stake in shares of iShares Russell 1000 ETF in the first quarter valued at about $27,000. Transcendent Capital Group LLC increased its holdings in iShares Russell 1000 ETF by 76.4% during the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock worth $29,000 after buying an additional 42 shares during the last quarter. Sound Income Strategies LLC raised its holdings in shares of iShares Russell 1000 ETF by 239.3% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after purchasing an additional 67 shares during the period. Rosenberg Matthew Hamilton increased its position in iShares Russell 1000 ETF by 176.7% during the second quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after buying an additional 76 shares during the last quarter. Finally, Strategic Financial Concepts LLC bought a new stake in iShares Russell 1000 ETF in the second quarter valued at approximately $54,000.

iShares Russell 1000 ETF Trading Up 0.4 %

IWB opened at $320.79 on Friday. The stock has a market cap of $39.38 billion, a PE ratio of 24.68 and a beta of 1.01. The stock’s fifty day simple moving average is $308.81 and its 200 day simple moving average is $297.25. iShares Russell 1000 ETF has a 1-year low of $224.41 and a 1-year high of $321.24.

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.