iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Purchased by American Financial Advisors LLC

American Financial Advisors LLC raised its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 117,291 shares of the company’s stock after acquiring an additional 1,591 shares during the quarter. iShares Russell 1000 ETF makes up about 4.6% of American Financial Advisors LLC’s investment portfolio, making the stock its 8th largest position. American Financial Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $30,761,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Mascoma Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter worth $25,000. Cullen Frost Bankers Inc. acquired a new position in iShares Russell 1000 ETF during the 3rd quarter valued at $28,000. Patriot Investment Management Group Inc. acquired a new position in iShares Russell 1000 ETF during the 4th quarter valued at $28,000. Robinson Capital Management LLC acquired a new position in iShares Russell 1000 ETF during the 1st quarter valued at $31,000. Finally, Baystate Wealth Management LLC raised its stake in iShares Russell 1000 ETF by 70.8% during the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock valued at $32,000 after purchasing an additional 51 shares during the last quarter.

iShares Russell 1000 ETF Trading Down 0.8 %

NYSEARCA:IWB traded down $2.27 during trading hours on Friday, hitting $272.21. 533,844 shares of the company traded hands, compared to its average volume of 737,391. The stock has a market capitalization of $33.52 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $221.31 and a twelve month high of $288.75. The firm has a 50-day moving average of $281.27 and a 200 day moving average of $261.75.

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.