Strategic Investment Advisors MI Has $11.69 Million Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Strategic Investment Advisors MI lifted its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 74,294 shares of the company’s stock after acquiring an additional 4,866 shares during the quarter. iShares Russell 1000 ETF accounts for 8.0% of Strategic Investment Advisors MI’s portfolio, making the stock its largest position. Strategic Investment Advisors MI owned about 0.06% of iShares Russell 1000 ETF worth $11,687,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in IWB. Conservest Capital Advisors Inc. grew its position in shares of iShares Russell 1000 ETF by 0.8% in the 1st quarter. Conservest Capital Advisors Inc. now owns 146,595 shares of the company’s stock worth $23,061,000 after buying an additional 1,154 shares during the last quarter. Personal Capital Advisors Corp acquired a new stake in iShares Russell 1000 ETF during the 4th quarter valued at approximately $122,656,000. Summit Financial LLC acquired a new stake in iShares Russell 1000 ETF during the 4th quarter valued at approximately $1,443,000. Ellevest Inc. acquired a new stake in iShares Russell 1000 ETF during the 4th quarter valued at approximately $455,000. Finally, Winthrop Advisory Group LLC lifted its stake in iShares Russell 1000 ETF by 3.5% during the 1st quarter. Winthrop Advisory Group LLC now owns 122,217 shares of the company’s stock valued at $19,367,000 after acquiring an additional 4,185 shares during the period.

Shares of IWB traded up $0.36 during trading hours on Friday, hitting $157.20. The stock had a trading volume of 33,708 shares, compared to its average volume of 1,202,261. iShares Russell 1000 ETF has a fifty-two week low of $129.68 and a fifty-two week high of $164.13.

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iShares Russell 1000 ETF Company 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.

Further Reading: Differences Between Momentum Investing and Long Term Investing

Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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