HighTower Advisors LLC Acquires 2,975 Shares of iShares Russell 1000 ETF $IWB

HighTower Advisors LLC increased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 480,347 shares of the company’s stock after purchasing an additional 2,975 shares during the period. HighTower Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $179,381,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Focus Partners Wealth lifted its stake in iShares Russell 1000 ETF by 86.1% in 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 in the last quarter. Bank of America Corp DE lifted its stake in iShares Russell 1000 ETF by 14.9% in 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 in the last quarter. Allstate Corp lifted its stake in iShares Russell 1000 ETF by 1,077.8% in the third quarter. Allstate Corp now owns 478,415 shares of the company’s stock valued at $174,851,000 after buying an additional 437,794 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in iShares Russell 1000 ETF by 3.9% in 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 in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in iShares Russell 1000 ETF in the third quarter valued at approximately $133,604,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $402.36 on Tuesday. iShares Russell 1000 ETF has a twelve month low of $316.35 and a twelve month high of $408.38. The firm’s 50 day moving average price is $377.13 and its two-hundred day moving average price is $375.48. The firm has a market cap of $47.34 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.