GM Advisory Group LLC Has $3.73 Million Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

GM Advisory Group LLC increased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,849 shares of the company’s stock after buying an additional 41 shares during the period. GM Advisory Group LLC’s holdings in iShares Russell 1000 ETF were worth $3,725,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Citigroup Inc. lifted its position in iShares Russell 1000 ETF by 2.1% during the third quarter. Citigroup Inc. now owns 17,910 shares of the company’s stock worth $5,631,000 after purchasing an additional 366 shares during the period. LPL Financial LLC boosted its stake in shares of iShares Russell 1000 ETF by 2.2% in the 3rd quarter. LPL Financial LLC now owns 2,394,007 shares of the company’s stock valued at $752,652,000 after purchasing an additional 52,616 shares in the last quarter. Citizens Financial Group Inc. RI grew its holdings in shares of iShares Russell 1000 ETF by 5.4% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 15,175 shares of the company’s stock valued at $4,771,000 after purchasing an additional 775 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in iShares Russell 1000 ETF during the 3rd quarter worth approximately $130,000. Finally, First Horizon Advisors Inc. lifted its stake in iShares Russell 1000 ETF by 12.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 17,342 shares of the company’s stock valued at $5,452,000 after purchasing an additional 1,909 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $327.44 on Friday. The firm’s fifty day moving average price is $317.66 and its two-hundred day moving average price is $304.26. The stock has a market cap of $40.19 billion, a PE ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $248.88 and a fifty-two week high of $330.43.

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.