Focus Financial Network Inc. Increases Position in iShares Russell 1000 ETF $IWB

Focus Financial Network Inc. raised its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 55.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,703 shares of the company’s stock after purchasing an additional 1,679 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares Russell 1000 ETF were worth $1,597,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quadrant Private Wealth Management LLC raised its position in iShares Russell 1000 ETF by 137.6% in the first quarter. Quadrant Private Wealth Management LLC now owns 1,604 shares of the company’s stock valued at $492,000 after purchasing an additional 929 shares during the period. B. Riley Wealth Advisors Inc. raised its position in iShares Russell 1000 ETF by 9.3% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 20,454 shares of the company’s stock valued at $6,589,000 after purchasing an additional 1,735 shares during the period. Sowell Financial Services LLC purchased a new stake in iShares Russell 1000 ETF in the first quarter valued at approximately $598,000. Capital Advisors Wealth Management LLC raised its position in iShares Russell 1000 ETF by 14.3% in the first quarter. Capital Advisors Wealth Management LLC now owns 1,301 shares of the company’s stock valued at $399,000 after purchasing an additional 163 shares during the period. Finally, Assetmark Inc. raised its position in iShares Russell 1000 ETF by 51.6% in the first quarter. Assetmark Inc. now owns 7,632 shares of the company’s stock valued at $2,341,000 after purchasing an additional 2,599 shares during the period.

iShares Russell 1000 ETF Stock Up 0.5%

Shares of NYSEARCA IWB opened at $363.32 on Friday. The firm has a market cap of $44.27 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $364.73. The business’s 50 day moving average is $351.78 and its two-hundred day moving average is $327.63.

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.