Winthrop Advisory Group LLC Purchases 203,000 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Winthrop Advisory Group LLC grew its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 392.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 254,787 shares of the company’s stock after purchasing an additional 203,000 shares during the period. iShares Russell 1000 ETF comprises about 10.6% of Winthrop Advisory Group LLC’s portfolio, making the stock its 3rd largest position. Winthrop Advisory Group LLC owned approximately 0.21% of iShares Russell 1000 ETF worth $73,386,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Waterloo Capital L.P. acquired a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth $4,471,000. Truist Financial Corp grew its position in shares of iShares Russell 1000 ETF by 16.7% in the 4th quarter. Truist Financial Corp now owns 474,134 shares of the company’s stock valued at $124,347,000 after acquiring an additional 67,861 shares during the period. Envestnet Asset Management Inc. grew its position in shares of iShares Russell 1000 ETF by 3.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock valued at $1,183,533,000 after acquiring an additional 146,971 shares during the period. Advance Capital Management Inc. grew its position in shares of iShares Russell 1000 ETF by 3.8% in the 4th quarter. Advance Capital Management Inc. now owns 35,540 shares of the company’s stock valued at $9,321,000 after acquiring an additional 1,285 shares during the period. Finally, Arbor Wealth Advisors LLC bought a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $442,000.

iShares Russell 1000 ETF Trading Down 0.4 %

Shares of IWB traded down $1.15 during midday trading on Friday, reaching $297.54. The stock had a trading volume of 5,820,543 shares, compared to its average volume of 815,876. The firm has a market cap of $36.52 billion, a PE ratio of 24.68 and a beta of 1.01. The firm has a 50 day simple moving average of $289.10 and a 200-day simple moving average of $278.88. iShares Russell 1000 ETF has a one year low of $224.41 and a one year high of $300.83.

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.