American Financial Advisors LLC Buys 1,591 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

American Financial Advisors LLC boosted its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 117,291 shares of the company’s stock after buying an additional 1,591 shares during the quarter. iShares Russell 1000 ETF accounts for approximately 4.6% of American Financial Advisors LLC’s portfolio, making the stock its 8th largest holding. American Financial Advisors LLC owned 0.09% of iShares Russell 1000 ETF worth $30,761,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Moneta Group Investment Advisors LLC grew its position in shares of iShares Russell 1000 ETF by 135,206.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 42,238,638 shares of the company’s stock valued at $8,892,078,000 after purchasing an additional 42,207,421 shares during the last quarter. US Bancorp DE lifted its stake in shares of iShares Russell 1000 ETF by 214.8% during the third quarter. US Bancorp DE now owns 607,459 shares of the company’s stock valued at $142,698,000 after buying an additional 1,136,554 shares during the period. Pathstone Family Office LLC lifted its stake in shares of iShares Russell 1000 ETF by 2,233.8% during the third quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock valued at $274,904,000 after buying an additional 1,119,893 shares during the period. Comerica Bank purchased a new position in shares of iShares Russell 1000 ETF during the third quarter valued at approximately $168,447,000. Finally, TIAA Trust National Association purchased a new position in shares of iShares Russell 1000 ETF during the third quarter valued at approximately $166,212,000.

iShares Russell 1000 ETF Stock Down 0.8 %

Shares of IWB traded down $2.27 on Friday, hitting $272.21. 533,844 shares of the stock traded hands, compared to its average volume of 737,391. The firm has a market capitalization of $33.52 billion, a P/E ratio of 25.11 and a beta of 1.01. The stock’s 50 day moving average is $281.27 and its two-hundred day moving average is $261.75. iShares Russell 1000 ETF has a 1 year low of $221.31 and a 1 year high of $288.75.

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.