Acorn Financial Advisory Services Inc. ADV Has $235,000 Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Acorn Financial Advisory Services Inc. ADV cut its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 749 shares of the company’s stock after selling 44 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in iShares Russell 1000 ETF were worth $235,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWB. International Assets Investment Management LLC boosted its position in iShares Russell 1000 ETF by 26,328.0% in the third quarter. International Assets Investment Management LLC now owns 605,201 shares of the company’s stock valued at $190,269,000 after buying an additional 602,911 shares in the last quarter. Millennium Management LLC lifted its position in shares of iShares Russell 1000 ETF by 4,016.4% during the second quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock worth $106,373,000 after purchasing an additional 348,824 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of iShares Russell 1000 ETF during the second quarter worth approximately $59,508,000. Cetera Investment Advisers lifted its position in shares of iShares Russell 1000 ETF by 198.8% during the first quarter. Cetera Investment Advisers now owns 272,822 shares of the company’s stock worth $78,581,000 after purchasing an additional 181,531 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of iShares Russell 1000 ETF by 17.5% during the first quarter. Captrust Financial Advisors now owns 968,007 shares of the company’s stock worth $278,815,000 after purchasing an additional 144,508 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB stock traded up $1.50 during trading hours on Friday, reaching $329.09. 361,308 shares of the company were exchanged, compared to its average volume of 799,007. iShares Russell 1000 ETF has a fifty-two week low of $237.52 and a fifty-two week high of $329.77. The stock’s fifty day moving average is $313.28 and its two-hundred day moving average is $301.24. The company has a market cap of $40.40 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

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.