Auour Investments LLC Buys New Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Auour Investments LLC purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,804 shares of the company’s stock, valued at approximately $1,415,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Moneta Group Investment Advisors LLC increased its stake in shares of iShares Russell 1000 ETF by 135,206.5% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 42,238,638 shares of the company’s stock valued at $8,892,078,000 after purchasing an additional 42,207,421 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Russell 1000 ETF by 432.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 27,929,987 shares of the company’s stock valued at $911,876,000 after acquiring an additional 22,684,182 shares during the period. Bank of America Corp DE grew its stake in iShares Russell 1000 ETF by 31.1% in the 4th quarter. Bank of America Corp DE now owns 4,871,817 shares of the company’s stock valued at $1,025,615,000 after acquiring an additional 1,156,337 shares during the period. M&T Bank Corp grew its stake in iShares Russell 1000 ETF by 14.1% in the 1st quarter. M&T Bank Corp now owns 2,897,898 shares of the company’s stock valued at $652,693,000 after acquiring an additional 358,094 shares during the period. Finally, Morgan Stanley grew its stake in iShares Russell 1000 ETF by 15.9% in the 4th quarter. Morgan Stanley now owns 2,196,591 shares of the company’s stock valued at $462,427,000 after acquiring an additional 301,825 shares during the period.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock traded down $2.20 during trading on Friday, reaching $245.51. The company had a trading volume of 81,006 shares, compared to its average volume of 717,843. The firm’s 50-day simple moving average is $246.25 and its 200 day simple moving average is $234.15. iShares Russell 1000 ETF has a 1-year low of $192.01 and a 1-year high of $252.93. The firm has a market capitalization of $31.08 billion, a PE ratio of 17.92 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.