Ausdal Financial Partners Inc. Grows Stake in iShares Russell 1000 ETF $IWB

Ausdal Financial Partners Inc. boosted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 201.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,632 shares of the company’s stock after buying an additional 3,094 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in iShares Russell 1000 ETF were worth $1,693,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Capital A Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF during the second quarter valued at approximately $30,000. Caldwell Trust Co acquired a new stake in shares of iShares Russell 1000 ETF in the second quarter worth approximately $30,000. Highline Wealth Partners LLC purchased a new stake in shares of iShares Russell 1000 ETF during the third quarter worth approximately $30,000. Cary Street Partners Investment Advisory LLC increased its position in shares of iShares Russell 1000 ETF by 75.0% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 91 shares of the company’s stock worth $31,000 after purchasing an additional 39 shares in the last quarter. Finally, First Command Advisory Services Inc. acquired a new position in iShares Russell 1000 ETF in the 3rd quarter valued at $31,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $366.29 on Tuesday. The stock’s fifty day moving average is $376.11 and its two-hundred day moving average is $370.96. The firm has a market capitalization of $45.22 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $382.34.

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.