Orion Porfolio Solutions LLC Raises Stake in iShares Russell 1000 ETF $IWB

by · The Cerbat Gem

Orion Porfolio Solutions LLC increased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 4.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,890 shares of the company’s stock after buying an additional 2,081 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in iShares Russell 1000 ETF were worth $17,620,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Carter Financial Group INC. purchased a new position in shares of iShares Russell 1000 ETF during the second quarter worth $641,000. B. Riley Wealth Advisors Inc. purchased a new stake in iShares Russell 1000 ETF in the second quarter valued at $7,534,000. Advisory Services Network LLC grew its position in iShares Russell 1000 ETF by 12.7% during the 2nd quarter. Advisory Services Network LLC now owns 18,019 shares of the company’s stock worth $6,259,000 after purchasing an additional 2,025 shares during the period. Pitcairn Co. raised its stake in shares of iShares Russell 1000 ETF by 0.5% during the 2nd quarter. Pitcairn Co. now owns 88,503 shares of the company’s stock valued at $30,053,000 after buying an additional 448 shares during the last quarter. Finally, N.E.W. Advisory Services LLC raised its stake in shares of iShares Russell 1000 ETF by 7.4% during the 2nd quarter. N.E.W. Advisory Services LLC now owns 613 shares of the company’s stock valued at $208,000 after buying an additional 42 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 1.1%

Shares of IWB stock opened at $373.77 on Friday. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $378.00. The stock has a market cap of $45.00 billion, a PE ratio of 24.71 and a beta of 1.01. The business has a 50-day simple moving average of $369.75 and a 200-day simple moving average of $354.80.

iShares Russell 1000 ETF Company Profile

(Free Report)

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.

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