Optivise Advisory Services LLC Purchases New Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Optivise Advisory Services LLC acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 5,888 shares of the company’s stock, valued at approximately $1,851,000. iShares Russell 1000 ETF accounts for approximately 1.0% of Optivise Advisory Services LLC’s holdings, making the stock its 24th biggest holding.

Several other large investors also recently added to or reduced their stakes in IWB. GenTrust LLC raised its position in iShares Russell 1000 ETF by 575.2% during the third quarter. GenTrust LLC now owns 5,942 shares of the company’s stock valued at $1,868,000 after buying an additional 5,062 shares during the period. Nwam LLC purchased a new position in iShares Russell 1000 ETF during the 3rd quarter valued at about $254,000. Meridian Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at about $1,324,000. GM Advisory Group LLC lifted its position in shares of iShares Russell 1000 ETF by 0.3% in the third quarter. GM Advisory Group LLC now owns 11,849 shares of the company’s stock worth $3,725,000 after purchasing an additional 41 shares in the last quarter. Finally, Citigroup Inc. boosted its holdings in shares of iShares Russell 1000 ETF by 2.1% during the third quarter. Citigroup Inc. now owns 17,910 shares of the company’s stock worth $5,631,000 after purchasing an additional 366 shares during the period.

iShares Russell 1000 ETF Stock Up 0.4 %

iShares Russell 1000 ETF stock opened at $328.90 on Friday. iShares Russell 1000 ETF has a 12 month low of $248.88 and a 12 month high of $330.43. The company’s fifty day simple moving average is $318.08 and its 200-day simple moving average is $304.57. The stock has a market cap of $40.37 billion, a P/E ratio of 24.68 and a beta of 1.01.

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.