Single Point Partners LLC Acquires New Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Single Point Partners LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, HoldingsChannel reports. The firm acquired 54,061 shares of the company’s stock, valued at approximately $17,416,000. iShares Russell 1000 ETF accounts for about 4.0% of Single Point Partners LLC’s investment portfolio, making the stock its 6th largest holding.

Other institutional investors have also bought and sold shares of the company. Traynor Capital Management Inc. boosted its stake in shares of iShares Russell 1000 ETF by 4.1% during the fourth quarter. Traynor Capital Management Inc. now owns 862 shares of the company’s stock valued at $278,000 after purchasing an additional 34 shares in the last quarter. Lansing Street Advisors boosted its stake in shares of iShares Russell 1000 ETF by 0.3% during the third quarter. Lansing Street Advisors now owns 10,144 shares of the company’s stock valued at $3,189,000 after purchasing an additional 35 shares in the last quarter. Riverpoint Wealth Management Holdings LLC boosted its stake in shares of iShares Russell 1000 ETF by 0.3% during the third quarter. Riverpoint Wealth Management Holdings LLC now owns 10,720 shares of the company’s stock valued at $3,370,000 after purchasing an additional 36 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its stake in shares of iShares Russell 1000 ETF by 0.8% during the third quarter. Prime Capital Investment Advisors LLC now owns 4,402 shares of the company’s stock valued at $1,384,000 after purchasing an additional 36 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of iShares Russell 1000 ETF by 23.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 196 shares of the company’s stock valued at $62,000 after purchasing an additional 37 shares in the last quarter.

iShares Russell 1000 ETF Stock Up 0.6 %

Shares of IWB opened at $333.71 on Tuesday. The company has a market cap of $40.96 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $269.98 and a twelve month high of $336.61. The company has a 50 day moving average of $329.35 and a two-hundred day moving average of $317.83.

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.