Empirical Financial Services LLC d.b.a. Empirical Wealth Management Increases Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,130 shares of the company’s stock after buying an additional 407 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares Russell 1000 ETF were worth $1,975,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWB. Sound Income Strategies LLC boosted its stake in shares of iShares Russell 1000 ETF by 239.3% during the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after acquiring an additional 67 shares in the last quarter. Winch Advisory Services LLC acquired a new position in iShares Russell 1000 ETF during the third quarter worth $30,000. Clarkston Capital Partners LLC acquired a new position in iShares Russell 1000 ETF during the third quarter worth $32,000. Archer Investment Corp purchased a new stake in iShares Russell 1000 ETF during the third quarter worth $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares Russell 1000 ETF in the fourth quarter valued at $51,000.

iShares Russell 1000 ETF Stock Down 1.4 %

NYSEARCA:IWB opened at $330.38 on Tuesday. iShares Russell 1000 ETF has a 52-week low of $265.70 and a 52-week high of $336.61. The stock has a fifty day simple moving average of $328.62 and a 200-day simple moving average of $315.83. The company has a market capitalization of $40.55 billion, a PE ratio of 24.68 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.