Naviter Wealth LLC Takes Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Naviter Wealth LLC bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 627 shares of the company’s stock, valued at approximately $202,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWB. Fiera Capital Corp lifted its position in shares of iShares Russell 1000 ETF by 5.4% in the third quarter. Fiera Capital Corp now owns 7,951 shares of the company’s stock valued at $2,500,000 after buying an additional 409 shares during the last quarter. Assetmark Inc. increased its holdings in shares of iShares Russell 1000 ETF by 231.3% during the 3rd quarter. Assetmark Inc. now owns 4,125 shares of the company’s stock worth $1,297,000 after acquiring an additional 2,880 shares during the last quarter. XML Financial LLC raised its stake in iShares Russell 1000 ETF by 0.7% in the 3rd quarter. XML Financial LLC now owns 83,096 shares of the company’s stock valued at $26,125,000 after acquiring an additional 540 shares during the period. Mesirow Financial Investment Management Inc. lifted its holdings in iShares Russell 1000 ETF by 24.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 3,869 shares of the company’s stock valued at $1,216,000 after purchasing an additional 755 shares during the last quarter. Finally, 17 Capital Partners LLC boosted its position in iShares Russell 1000 ETF by 5.0% during the third quarter. 17 Capital Partners LLC now owns 4,284 shares of the company’s stock worth $1,347,000 after purchasing an additional 203 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $315.98 on Monday. The company’s 50-day moving average is $328.25 and its 200-day moving average is $322.30. The firm has a market capitalization of $37.51 billion, a PE ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a fifty-two week low of $271.54 and a fifty-two week high of $337.76.

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.