Fort Point Capital Partners LLC increased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 23.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,986 shares of the company’s stock after acquiring an additional 4,314 shares during the period. iShares Russell 1000 ETF makes up 1.1% of Fort Point Capital Partners LLC’s investment portfolio, making the stock its 24th largest holding. Fort Point Capital Partners LLC’s holdings in iShares Russell 1000 ETF were worth $4,302,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in IWB. Slow Capital Inc. bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at $29,000. Edge Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF during the third quarter valued at $37,000. Northwest Investment Counselors LLC purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at $47,000. Assetmark Inc. boosted its holdings in iShares Russell 1000 ETF by 39.0% during the 2nd quarter. Assetmark Inc. now owns 253 shares of the company’s stock valued at $43,000 after acquiring an additional 71 shares during the period. Finally, Psagot Investment House Ltd. purchased a new stake in iShares Russell 1000 ETF in the second quarter worth $45,000.
NYSEARCA:IWB traded down $1.06 during midday trading on Friday, reaching $200.01. 413,484 shares of the stock traded hands, compared to its average volume of 1,010,626. The business has a 50-day moving average of $193.22 and a two-hundred day moving average of $181.61. iShares Russell 1000 ETF has a 12-month low of $120.20 and a 12-month high of $203.79.
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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