iShares Russell 1000 ETF (NYSEARCA:IWB) is MPS Loria Financial Planners LLC’s Largest Position

MPS Loria Financial Planners LLC trimmed its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 377,918 shares of the company’s stock after selling 6,367 shares during the period. iShares Russell 1000 ETF comprises about 36.0% of MPS Loria Financial Planners LLC’s holdings, making the stock its biggest position. MPS Loria Financial Planners LLC’s holdings in iShares Russell 1000 ETF were worth $121,750,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of iShares Russell 1000 ETF by 398.0% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock worth $313,132,000 after buying an additional 796,000 shares during the last quarter. International Assets Investment Management LLC increased its holdings in iShares Russell 1000 ETF by 26,328.0% during the 3rd quarter. International Assets Investment Management LLC now owns 605,201 shares of the company’s stock valued at $190,269,000 after acquiring an additional 602,911 shares in the last quarter. Millennium Management LLC increased its holdings in iShares Russell 1000 ETF by 4,016.4% during the 2nd quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock valued at $106,373,000 after acquiring an additional 348,824 shares in the last quarter. Financial Advocates Investment Management acquired a new position in iShares Russell 1000 ETF during the third quarter worth about $28,903,000. Finally, Argent Capital Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $27,324,000.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $326.65 on Thursday. iShares Russell 1000 ETF has a 1 year low of $258.68 and a 1 year high of $336.18. The business has a 50 day moving average price of $327.99 and a 200 day moving average price of $314.19. The company has a market capitalization of $40.10 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.