Savvy Advisors Inc. Has $931,000 Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Savvy Advisors Inc. increased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 23.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,960 shares of the company’s stock after buying an additional 569 shares during the period. Savvy Advisors Inc.’s holdings in iShares Russell 1000 ETF were worth $931,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IWB. LRI Investments LLC bought a new position in iShares Russell 1000 ETF during the first quarter worth about $27,000. Transcendent Capital Group LLC increased its stake in iShares Russell 1000 ETF by 76.4% in the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after buying an additional 42 shares during the last quarter. Sound Income Strategies LLC raised its holdings in iShares Russell 1000 ETF by 239.3% during the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after acquiring an additional 67 shares in the last quarter. Winch Advisory Services LLC bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $30,000. Finally, Rosenberg Matthew Hamilton lifted its stake in iShares Russell 1000 ETF by 176.7% in the second quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after acquiring an additional 76 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB opened at $329.95 on Tuesday. iShares Russell 1000 ETF has a 52-week low of $240.12 and a 52-week high of $330.43. The company has a 50-day simple moving average of $313.69 and a 200 day simple moving average of $301.94. The company has a market capitalization of $40.50 billion, a P/E ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

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.