Valley National Advisers Inc. Purchases New Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Valley National Advisers Inc. acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 186 shares of the company’s stock, valued at approximately $26,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. KLS Professional Advisors Group LLC raised its position in iShares Russell 1000 ETF by 1.5% in the 4th quarter. KLS Professional Advisors Group LLC now owns 4,742 shares of the company’s stock worth $658,000 after purchasing an additional 72 shares during the period. TD Capital Management LLC grew its holdings in iShares Russell 1000 ETF by 9.5% in the 4th quarter. TD Capital Management LLC now owns 879 shares of the company’s stock worth $122,000 after acquiring an additional 76 shares during the last quarter. Parallel Advisors LLC grew its holdings in iShares Russell 1000 ETF by 0.6% in the 4th quarter. Parallel Advisors LLC now owns 12,267 shares of the company’s stock worth $1,701,000 after acquiring an additional 79 shares during the last quarter. Rehmann Capital Advisory Group grew its holdings in iShares Russell 1000 ETF by 0.8% in the 3rd quarter. Rehmann Capital Advisory Group now owns 9,621 shares of the company’s stock worth $1,556,000 after acquiring an additional 80 shares during the last quarter. Finally, Pillar Pacific Capital Management LLC grew its holdings in iShares Russell 1000 ETF by 1.3% in the 4th quarter. Pillar Pacific Capital Management LLC now owns 6,162 shares of the company’s stock worth $855,000 after acquiring an additional 80 shares during the last quarter.

NYSEARCA IWB traded up $0.21 during trading hours on Friday, reaching $161.28. 1,178,141 shares of the company’s stock traded hands, compared to its average volume of 1,255,681. iShares Russell 1000 ETF has a 52-week low of $129.68 and a 52-week high of $164.13.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were issued a dividend of $0.6274 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $2.51 annualized dividend and a dividend yield of 1.56%.

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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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