M3 Advisory Group LLC Invests $452,000 in iShares Russell 1000 ETF $IWB

M3 Advisory Group LLC bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,332 shares of the company’s stock, valued at approximately $452,000.

Several other institutional investors and hedge funds have also modified their holdings of IWB. Brighton Jones LLC boosted its holdings in shares of iShares Russell 1000 ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock worth $58,807,000 after acquiring an additional 6,006 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of 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 worth $486,000 after acquiring an additional 542 shares in the last quarter. Stock Yards Bank & Trust Co. boosted its holdings in shares of iShares Russell 1000 ETF by 13.2% in the 1st quarter. Stock Yards Bank & Trust Co. now owns 1,870 shares of the company’s stock worth $574,000 after acquiring an additional 218 shares in the last quarter. Ritholtz Wealth Management boosted its holdings in shares of iShares Russell 1000 ETF by 24.4% in the 1st quarter. Ritholtz Wealth Management now owns 1,238 shares of the company’s stock worth $380,000 after acquiring an additional 243 shares in the last quarter. Finally, North Star Investment Management Corp. boosted its holdings in shares of iShares Russell 1000 ETF by 2.6% in the 1st quarter. North Star Investment Management Corp. now owns 28,945 shares of the company’s stock worth $8,879,000 after acquiring an additional 725 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $358.39 on Monday. The stock’s fifty day moving average price is $358.02 and its two-hundred day moving average price is $333.93. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $369.87. The company has a market cap of $42.59 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.

About iShares Russell 1000 ETF

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.