Fiducient Advisors LLC Acquires 16,233 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Fiducient Advisors LLC lifted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1,336.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,448 shares of the company’s stock after purchasing an additional 16,233 shares during the quarter. iShares Russell 1000 ETF accounts for 0.9% of Fiducient Advisors LLC’s portfolio, making the stock its 18th largest position. Fiducient Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $4,576,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IWB. Mascoma Wealth Management LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at about $25,000. Cullen Frost Bankers Inc. acquired a new position in iShares Russell 1000 ETF during the 3rd quarter worth approximately $28,000. Baystate Wealth Management LLC increased its position in iShares Russell 1000 ETF by 70.8% during the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after purchasing an additional 51 shares in the last quarter. Stonebridge Capital Advisors LLC increased its position in iShares Russell 1000 ETF by 113.0% during the 3rd quarter. Stonebridge Capital Advisors LLC now owns 196 shares of the company’s stock worth $46,000 after purchasing an additional 104 shares in the last quarter. Finally, Eukles Asset Management increased its position in iShares Russell 1000 ETF by 54.7% during the 3rd quarter. Eukles Asset Management now owns 263 shares of the company’s stock worth $62,000 after purchasing an additional 93 shares in the last quarter.

iShares Russell 1000 ETF Stock Down 1.6 %

NYSEARCA IWB traded down $4.54 on Tuesday, hitting $275.98. The company’s stock had a trading volume of 1,491,790 shares, compared to its average volume of 724,140. iShares Russell 1000 ETF has a 1-year low of $221.31 and a 1-year high of $288.75. The company’s 50-day moving average is $281.61 and its 200 day moving average is $264.42. The firm has a market cap of $33.99 billion, a PE ratio of 25.11 and a beta of 1.01.

iShares Russell 1000 ETF Company 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.