Pure Portfolios Holdings LLC Takes $525,000 Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Pure Portfolios Holdings LLC purchased a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,671 shares of the company’s stock, valued at approximately $525,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWB. Millennium Management LLC boosted its holdings in iShares Russell 1000 ETF by 4,016.4% in the second quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock worth $106,373,000 after acquiring an additional 348,824 shares in the last quarter. Winthrop Advisory Group LLC boosted its stake in iShares Russell 1000 ETF by 392.0% in the 1st quarter. Winthrop Advisory Group LLC now owns 254,787 shares of the company’s stock worth $73,386,000 after purchasing an additional 203,000 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in iShares Russell 1000 ETF in the 2nd quarter worth about $59,508,000. Cetera Investment Advisers grew its position in iShares Russell 1000 ETF by 198.8% during the 1st quarter. Cetera Investment Advisers now owns 272,822 shares of the company’s stock valued at $78,581,000 after purchasing an additional 181,531 shares during the last quarter. Finally, Captrust Financial Advisors increased its stake in iShares Russell 1000 ETF by 17.5% during the 1st quarter. Captrust Financial Advisors now owns 968,007 shares of the company’s stock valued at $278,815,000 after purchasing an additional 144,508 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of iShares Russell 1000 ETF stock opened at $320.80 on Friday. The company has a 50-day simple moving average of $308.81 and a two-hundred day simple moving average of $297.33. The stock has a market capitalization of $39.38 billion, a PE ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $224.41 and a 52-week high of $321.24.

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.