NEXT Financial Group Inc Makes New Investment in iShares Russell 1000 ETF (NYSEARCA:IWB)

NEXT Financial Group Inc purchased a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the second quarter, HoldingsChannel reports. The institutional investor purchased 3,083 shares of the company’s stock, valued at approximately $502,000.

Other hedge funds also recently added to or reduced their stakes in the company. We Are One Seven LLC boosted its stake in iShares Russell 1000 ETF by 23.1% in the second quarter. We Are One Seven LLC now owns 2,026 shares of the company’s stock worth $329,000 after buying an additional 380 shares in the last quarter. Atalanta Sosnoff Capital LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 2nd quarter valued at $250,000. Capital Asset Advisory Services LLC boosted its stake in shares of iShares Russell 1000 ETF by 91.2% in the 2nd quarter. Capital Asset Advisory Services LLC now owns 3,668 shares of the company’s stock valued at $597,000 after purchasing an additional 1,750 shares in the last quarter. AdvisorNet Financial Inc boosted its stake in shares of iShares Russell 1000 ETF by 19.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 400 shares of the company’s stock valued at $65,000 after purchasing an additional 65 shares in the last quarter. Finally, HMS Capital Management LLC purchased a new stake in iShares Russell 1000 ETF during the second quarter valued at about $63,000.

NYSEARCA IWB traded down $1.33 during trading on Friday, hitting $162.63. 1,274,007 shares of the company’s stock traded hands, compared to its average volume of 1,074,993. iShares Russell 1000 ETF has a 12-month low of $129.68 and a 12-month high of $168.10. The business’s fifty day moving average price is $164.76.

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.

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Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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