Checchi Capital Advisers LLC Grows Position in iShares Russell 1000 ETF $IWB

Checchi Capital Advisers LLC boosted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 13.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,750 shares of the company’s stock after buying an additional 1,387 shares during the quarter. Checchi Capital Advisers LLC’s holdings in iShares Russell 1000 ETF were worth $3,990,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in IWB. Brighton Jones LLC raised its holdings in shares of iShares Russell 1000 ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock valued at $58,807,000 after purchasing an additional 6,006 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in iShares Russell 1000 ETF by 56.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock valued at $486,000 after buying an additional 542 shares during the last quarter. NBC Securities Inc. purchased a new stake in shares of iShares Russell 1000 ETF during the first quarter valued at approximately $260,000. Independence Bank of Kentucky increased its position in shares of iShares Russell 1000 ETF by 55.8% during the first quarter. Independence Bank of Kentucky now owns 433 shares of the company’s stock valued at $133,000 after acquiring an additional 155 shares during the last quarter. Finally, ONE Advisory Partners LLC increased its position in shares of iShares Russell 1000 ETF by 9.8% during the first quarter. ONE Advisory Partners LLC now owns 2,421 shares of the company’s stock valued at $743,000 after acquiring an additional 216 shares during the last quarter.

iShares Russell 1000 ETF Trading Up 0.0%

Shares of IWB opened at $367.47 on Friday. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $369.33. The company has a market capitalization of $44.21 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The stock has a 50 day moving average of $356.10 and a 200 day moving average of $331.91.

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.