Soltis Investment Advisors LLC Raises Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Soltis Investment Advisors LLC boosted its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 1,970 shares of the company’s stock after purchasing an additional 64 shares during the quarter. Soltis Investment Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $567,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Mascoma Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF in the fourth quarter valued at $25,000. LRI Investments LLC bought a new stake in shares of iShares Russell 1000 ETF in the 1st quarter worth about $27,000. Baystate Wealth Management LLC increased its position in shares of iShares Russell 1000 ETF by 70.8% in the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after purchasing an additional 51 shares during the last quarter. Robinson Capital Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $33,000. Finally, JNBA Financial Advisors bought a new position in shares of iShares Russell 1000 ETF during the first quarter worth about $50,000.

iShares Russell 1000 ETF Trading Down 1.9 %

iShares Russell 1000 ETF stock traded down $5.79 during midday trading on Friday, hitting $291.74. The stock had a trading volume of 953,366 shares, compared to its average volume of 797,198. The business has a fifty day moving average price of $297.82 and a 200 day moving average price of $285.77. 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 cap of $35.81 billion, a P/E 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.