AdvisorNet Financial Inc Increases Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

AdvisorNet Financial Inc grew its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,821 shares of the company’s stock after buying an additional 168 shares during the quarter. AdvisorNet Financial Inc’s holdings in iShares Russell 1000 ETF were worth $1,231,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWB. Thoroughbred Financial Services LLC bought a new stake in iShares Russell 1000 ETF during the 2nd quarter valued at about $270,000. One Capital Management LLC raised its stake in shares of iShares Russell 1000 ETF by 19.8% during the second quarter. One Capital Management LLC now owns 1,088 shares of the company’s stock valued at $324,000 after acquiring an additional 180 shares in the last quarter. Citizens Financial Group Inc. RI raised its stake in shares of iShares Russell 1000 ETF by 291.5% during the second quarter. Citizens Financial Group Inc. RI now owns 14,400 shares of the company’s stock valued at $4,285,000 after acquiring an additional 10,722 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of iShares Russell 1000 ETF in the second quarter valued at approximately $6,219,000. Finally, WealthPLAN Partners LLC grew its stake in iShares Russell 1000 ETF by 2.1% in the second quarter. WealthPLAN Partners LLC now owns 1,703 shares of the company’s stock worth $507,000 after purchasing an additional 35 shares in the last quarter.

iShares Russell 1000 ETF Stock Up 0.2 %

IWB opened at $320.86 on Wednesday. The stock’s fifty day moving average is $327.99 and its two-hundred day moving average is $314.19. The company has a market capitalization of $39.39 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52 week low of $258.68 and a 52 week high of $336.18.

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.