iShares Russell 1000 ETF (NYSEARCA:IWB) is Financial Management Professionals Inc.’s 5th Largest Position

Financial Management Professionals Inc. reduced its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 108,702 shares of the company’s stock after selling 588 shares during the period. iShares Russell 1000 ETF accounts for about 4.6% of Financial Management Professionals Inc.’s holdings, making the stock its 5th biggest holding. Financial Management Professionals Inc. owned 0.09% of iShares Russell 1000 ETF worth $31,309,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Waterloo Capital L.P. acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at about $4,471,000. Truist Financial Corp increased its position in iShares Russell 1000 ETF by 16.7% during the 4th quarter. Truist Financial Corp now owns 474,134 shares of the company’s stock worth $124,347,000 after purchasing an additional 67,861 shares during the period. Envestnet Asset Management Inc. increased its position in iShares Russell 1000 ETF by 3.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after purchasing an additional 146,971 shares during the period. Advance Capital Management Inc. increased its position in iShares Russell 1000 ETF by 3.8% during the 4th quarter. Advance Capital Management Inc. now owns 35,540 shares of the company’s stock worth $9,321,000 after purchasing an additional 1,285 shares during the period. Finally, Arbor Wealth Advisors LLC acquired a new position in iShares Russell 1000 ETF during the 4th quarter worth approximately $442,000.

iShares Russell 1000 ETF Trading Down 0.4 %

NYSEARCA IWB opened at $297.54 on Friday. The business’s 50 day moving average is $289.10 and its two-hundred day moving average is $278.72. iShares Russell 1000 ETF has a 12-month low of $224.41 and a 12-month high of $300.83. The stock has a market capitalization of $36.52 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.