Lutz Financial Services LLC Takes $2.73 Million Position in iShares Russell 1000 ETF $IWB

Lutz Financial Services LLC acquired a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the fourth quarter, Holdings Channel reports. The fund acquired 7,304 shares of the company’s stock, valued at approximately $2,728,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Jones Financial Companies Lllp grew its stake in shares of iShares Russell 1000 ETF by 3.9% during the third quarter. Jones Financial Companies Lllp now owns 11,256,502 shares of the company’s stock valued at $4,092,759,000 after buying an additional 427,736 shares during the last quarter. Bank of America Corp DE grew its stake in shares of iShares Russell 1000 ETF by 14.9% during the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after buying an additional 616,717 shares during the last quarter. Focus Partners Wealth grew its stake in shares of iShares Russell 1000 ETF by 86.1% during the third quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock valued at $635,852,000 after buying an additional 805,083 shares during the last quarter. Johnson Investment Counsel Inc. grew its stake in shares of iShares Russell 1000 ETF by 1.5% during the third quarter. Johnson Investment Counsel Inc. now owns 1,426,322 shares of the company’s stock valued at $521,292,000 after buying an additional 21,288 shares during the last quarter. Finally, BOKF NA grew its holdings in shares of iShares Russell 1000 ETF by 1.3% in the fourth quarter. BOKF NA now owns 1,297,149 shares of the company’s stock worth $484,407,000 after purchasing an additional 17,096 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of iShares Russell 1000 ETF stock opened at $402.36 on Tuesday. iShares Russell 1000 ETF has a 52-week low of $316.35 and a 52-week high of $408.38. The stock has a market capitalization of $47.34 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The company’s 50 day moving average price is $377.13 and its 200-day moving average price is $375.48.

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.