Pure Financial Advisors LLC Raises Position in iShares Russell 1000 ETF $IWB

Pure Financial Advisors LLC boosted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 57.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,821 shares of the company’s stock after buying an additional 8,687 shares during the quarter. Pure Financial Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $8,089,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Greenleaf Trust lifted its stake in shares of iShares Russell 1000 ETF by 1.0% during the second quarter. Greenleaf Trust now owns 2,969 shares of the company’s stock valued at $1,008,000 after buying an additional 30 shares during the period. GM Advisory Group LLC grew its holdings in iShares Russell 1000 ETF by 0.3% during the 1st quarter. GM Advisory Group LLC now owns 11,918 shares of the company’s stock worth $3,656,000 after acquiring an additional 32 shares in the last quarter. Auour Investments LLC lifted its position in shares of iShares Russell 1000 ETF by 0.6% in the 1st quarter. Auour Investments LLC now owns 5,486 shares of the company’s stock worth $1,671,000 after buying an additional 34 shares during the last quarter. PFG Investments LLC lifted its position in shares of iShares Russell 1000 ETF by 2.1% in the 1st quarter. PFG Investments LLC now owns 1,761 shares of the company’s stock worth $540,000 after buying an additional 36 shares during the last quarter. Finally, AssuredPartners Investment Advisors LLC lifted its position in iShares Russell 1000 ETF by 2.8% in the 1st quarter. AssuredPartners Investment Advisors LLC now owns 1,372 shares of the company’s stock valued at $421,000 after purchasing an additional 37 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $366.87 on Thursday. The firm’s 50 day moving average is $355.38 and its 200-day moving average is $330.96. The stock has a market capitalization of $44.70 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $367.36.

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.