Ellis Investment Partners LLC Purchases 476 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Ellis Investment Partners LLC increased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 9,282 shares of the company’s stock after buying an additional 476 shares during the quarter. Ellis Investment Partners LLC’s holdings in iShares Russell 1000 ETF were worth $2,762,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC raised its stake in iShares Russell 1000 ETF by 1.8% during the 4th quarter. International Assets Investment Management LLC now owns 2,290 shares of the company’s stock valued at $601,000 after purchasing an additional 40 shares during the period. Fisher Asset Management LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter valued at $381,000. Apollon Wealth Management LLC increased its holdings in iShares Russell 1000 ETF by 17.6% in the 4th quarter. Apollon Wealth Management LLC now owns 1,955 shares of the company’s stock valued at $513,000 after acquiring an additional 293 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its stake in iShares Russell 1000 ETF by 2,084.8% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 10,225 shares of the company’s stock worth $2,682,000 after purchasing an additional 9,757 shares in the last quarter. Finally, Dana Investment Advisors Inc. bought a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at about $320,000.

iShares Russell 1000 ETF Trading Down 1.7 %

Shares of IWB stock opened at $295.88 on Friday. The stock’s 50-day moving average price is $300.88 and its 200-day moving average price is $291.16. iShares Russell 1000 ETF has a 12-month low of $224.41 and a 12-month high of $309.61. The stock has a market capitalization of $36.32 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.