Pure Financial Advisors LLC Increases Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Pure Financial Advisors LLC increased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 8.9% in the 4th quarter, HoldingsChannel reports. The fund owned 17,109 shares of the company’s stock after purchasing an additional 1,394 shares during the period. Pure Financial Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $5,512,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its stake in iShares Russell 1000 ETF by 239.3% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after purchasing an additional 67 shares during the period. Winch Advisory Services LLC bought a new position in iShares Russell 1000 ETF in the 3rd quarter worth about $30,000. Clarkston Capital Partners LLC bought a new position in iShares Russell 1000 ETF in the 3rd quarter worth about $32,000. Archer Investment Corp bought a new position in iShares Russell 1000 ETF in the 3rd quarter worth about $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares Russell 1000 ETF in the 4th quarter worth about $51,000.

iShares Russell 1000 ETF Stock Up 1.0 %

Shares of NYSEARCA IWB opened at $329.39 on Tuesday. iShares Russell 1000 ETF has a 52 week low of $260.02 and a 52 week high of $336.18. The business has a 50-day simple moving average of $328.00 and a two-hundred day simple moving average of $314.78. The company has a market cap of $40.43 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.