Hobbs Group Advisors LLC Invests $177,000 in iShares Russell 1000 ETF (NYSEARCA:IWB)

Hobbs Group Advisors LLC acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the second quarter, according to its most recent filing with the SEC. The firm acquired 595 shares of the company’s stock, valued at approximately $177,000.

A number of other large investors have also recently made changes to their positions in IWB. Pathstone Holdings LLC bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $303,994,000. Jones Financial Companies Lllp boosted its position in shares of iShares Russell 1000 ETF by 2.8% during the fourth quarter. Jones Financial Companies Lllp now owns 8,379,815 shares of the company’s stock valued at $2,197,690,000 after purchasing an additional 227,252 shares in the last quarter. Winthrop Advisory Group LLC boosted its position in shares of iShares Russell 1000 ETF by 392.0% during the first quarter. Winthrop Advisory Group LLC now owns 254,787 shares of the company’s stock valued at $73,386,000 after purchasing an additional 203,000 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of iShares Russell 1000 ETF by 198.8% during the first quarter. Cetera Investment Advisers now owns 272,822 shares of the company’s stock valued at $78,581,000 after purchasing an additional 181,531 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of iShares Russell 1000 ETF by 3.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock valued at $1,183,533,000 after purchasing an additional 146,971 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA IWB traded down $0.58 during mid-day trading on Tuesday, hitting $305.77. 410,373 shares of the stock traded hands, compared to its average volume of 794,363. iShares Russell 1000 ETF has a 52 week low of $224.41 and a 52 week high of $309.61. The company has a market cap of $37.53 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The stock has a fifty day moving average price of $298.66 and a 200-day moving average price of $288.21.

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.