Envestnet Asset Management Inc. Buys 50,333 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Envestnet Asset Management Inc. lifted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,541,027 shares of the company’s stock after buying an additional 50,333 shares during the period. Envestnet Asset Management Inc. owned approximately 1.21% of iShares Russell 1000 ETF worth $250,864,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Dividend Assets Capital LLC bought a new stake in shares of iShares Russell 1000 ETF in the second quarter valued at approximately $29,000. Cullen Frost Bankers Inc. bought a new stake in iShares Russell 1000 ETF during the first quarter worth $34,000. Ironwood Financial llc lifted its stake in iShares Russell 1000 ETF by 81.9% during the second quarter. Ironwood Financial llc now owns 211 shares of the company’s stock worth $34,000 after purchasing an additional 95 shares during the last quarter. AGF Investments LLC bought a new stake in iShares Russell 1000 ETF during the second quarter worth $41,000. Finally, Weaver Consulting Group bought a new stake in iShares Russell 1000 ETF during the first quarter worth $43,000.

NYSEARCA IWB traded up $0.01 on Thursday, hitting $157.72. 91,337 shares of the company’s stock were exchanged, compared to its average volume of 1,093,807. The business has a 50-day moving average price of $164.53. iShares Russell 1000 ETF has a 52 week low of $129.68 and a 52 week high of $168.10.

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.

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

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