iShares Russell 1000 ETF $IWB Shares Bought by Arbor Investment Advisors LLC

Arbor Investment Advisors LLC lifted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 346,676 shares of the company’s stock after purchasing an additional 1,660 shares during the period. iShares Russell 1000 ETF comprises 15.1% of Arbor Investment Advisors LLC’s portfolio, making the stock its largest position. Arbor Investment Advisors LLC owned 0.29% of iShares Russell 1000 ETF worth $117,721,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IWB. Rossby Financial LCC acquired a new stake in shares of iShares Russell 1000 ETF during the first quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF during the 1st quarter valued at approximately $28,000. Woodside Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF during the 1st quarter worth approximately $30,000. Brooklyn Investment Group acquired a new position in shares of iShares Russell 1000 ETF in the 1st quarter valued at approximately $33,000. Finally, eCIO Inc. purchased a new position in shares of iShares Russell 1000 ETF during the 1st quarter valued at approximately $36,000.

iShares Russell 1000 ETF Price Performance

IWB opened at $364.57 on Monday. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $369.87. The stock has a market capitalization of $43.62 billion, a PE ratio of 24.71 and a beta of 1.01. The firm’s fifty day moving average price is $359.69 and its 200 day moving average price is $336.00.

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.