Precedent Wealth Partners LLC Acquires 3,765 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Precedent Wealth Partners LLC boosted its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 46.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,956 shares of the company’s stock after buying an additional 3,765 shares during the period. iShares Russell 1000 ETF accounts for about 1.2% of Precedent Wealth Partners LLC’s investment portfolio, making the stock its 18th biggest holding. Precedent Wealth Partners LLC’s holdings in iShares Russell 1000 ETF were worth $3,759,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. LPL Financial LLC lifted its stake in shares of iShares Russell 1000 ETF by 1.3% during the 2nd quarter. LPL Financial LLC now owns 2,341,391 shares of the company’s stock worth $696,658,000 after purchasing an additional 29,339 shares during the last quarter. Catalyst Capital Advisors LLC boosted its holdings in shares of iShares Russell 1000 ETF by 5.1% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 1,626,142 shares of the company’s stock valued at $483,842,000 after buying an additional 78,422 shares in the last quarter. Johnson Investment Counsel Inc. grew its position in shares of iShares Russell 1000 ETF by 2.3% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,279,068 shares of the company’s stock worth $380,574,000 after buying an additional 28,333 shares during the last quarter. BOKF NA raised its stake in shares of iShares Russell 1000 ETF by 8.9% during the 2nd quarter. BOKF NA now owns 1,260,585 shares of the company’s stock worth $375,074,000 after acquiring an additional 102,898 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in iShares Russell 1000 ETF by 17.5% during the first quarter. Captrust Financial Advisors now owns 968,007 shares of the company’s stock valued at $278,815,000 after acquiring an additional 144,508 shares during the last quarter.

iShares Russell 1000 ETF Trading Up 0.4 %

NYSEARCA IWB opened at $320.79 on Friday. The firm’s fifty day simple moving average is $308.81 and its two-hundred day simple moving average is $297.25. The firm has a market capitalization of $39.38 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $224.41 and a 12-month high of $321.24.

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.