Belpointe Asset Management LLC Grows Position in iShares Russell 1000 ETF $IWB

Belpointe Asset Management LLC grew its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 109.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,904 shares of the company’s stock after purchasing an additional 5,692 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares Russell 1000 ETF were worth $3,985,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in iShares Russell 1000 ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock valued at $58,807,000 after acquiring an additional 6,006 shares during the period. Revolve Wealth Partners LLC lifted its holdings in iShares Russell 1000 ETF by 56.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock valued at $486,000 after purchasing an additional 542 shares in the last quarter. XY Planning Network Inc. acquired a new stake in shares of iShares Russell 1000 ETF in the second quarter valued at about $252,000. Heritage Investment Group Inc. increased its stake in shares of iShares Russell 1000 ETF by 52.8% during the second quarter. Heritage Investment Group Inc. now owns 49,633 shares of the company’s stock worth $16,854,000 after purchasing an additional 17,153 shares in the last quarter. Finally, Kelly Financial Services LLC acquired a new position in shares of iShares Russell 1000 ETF during the 2nd quarter worth about $307,000.

iShares Russell 1000 ETF Trading Up 0.4%

IWB stock opened at $379.77 on Tuesday. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $381.71. The business’s 50-day moving average is $374.33 and its 200 day moving average is $364.53. The stock has a market cap of $46.45 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.

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.