Arkadios Wealth Advisors Takes $206,000 Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Arkadios Wealth Advisors bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 692 shares of the company’s stock, valued at approximately $206,000.

Other institutional investors have also bought and sold shares of the company. Waterloo Capital L.P. bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $4,471,000. Envestnet Asset Management Inc. lifted its stake in iShares Russell 1000 ETF by 3.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after purchasing an additional 146,971 shares in the last quarter. Miller Investment Management LP bought a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at about $991,000. Spire Wealth Management boosted its holdings in shares of iShares Russell 1000 ETF by 29.9% during the 4th quarter. Spire Wealth Management now owns 38,351 shares of the company’s stock valued at $10,182,000 after purchasing an additional 8,820 shares during the last quarter. Finally, Guardian Wealth Advisors LLC NC grew its position in shares of iShares Russell 1000 ETF by 3.1% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 9,490 shares of the company’s stock valued at $2,489,000 after purchasing an additional 288 shares in the last quarter.

iShares Russell 1000 ETF Trading Up 1.0 %

NYSEARCA:IWB opened at $309.06 on Friday. The business’s 50-day moving average is $300.47 and its 200 day moving average is $290.09. iShares Russell 1000 ETF has a 12 month low of $224.41 and a 12 month high of $309.61. The company has a market capitalization of $37.94 billion, a P/E 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.