Summit Financial LLC Has $1.80 Million Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Summit Financial LLC raised its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 12.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,049 shares of the company’s stock after buying an additional 1,230 shares during the period. iShares Russell 1000 ETF accounts for 0.3% of Summit Financial LLC’s holdings, making the stock its 15th largest holding. Summit Financial LLC’s holdings in iShares Russell 1000 ETF were worth $1,799,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of IWB. Ellis Investment Partners LLC boosted its position in iShares Russell 1000 ETF by 15,137.9% in the first quarter. Ellis Investment Partners LLC now owns 1,370,042 shares of the company’s stock valued at $1,370,000 after buying an additional 1,361,051 shares in the last quarter. Halbert Hargrove Russell LLC acquired a new stake in iShares Russell 1000 ETF in the second quarter valued at approximately $100,583,000. Parametric Portfolio Associates LLC boosted its position in iShares Russell 1000 ETF by 1,894.8% in the first quarter. Parametric Portfolio Associates LLC now owns 506,093 shares of the company’s stock valued at $79,613,000 after buying an additional 480,723 shares in the last quarter. Jones Financial Companies Lllp boosted its position in iShares Russell 1000 ETF by 5.2% in the first quarter. Jones Financial Companies Lllp now owns 5,588,690 shares of the company’s stock valued at $879,157,000 after buying an additional 278,048 shares in the last quarter. Finally, Alera Investment Advisors LLC boosted its position in iShares Russell 1000 ETF by 1,039.0% in the first quarter. Alera Investment Advisors LLC now owns 143,119 shares of the company’s stock valued at $22,514,000 after buying an additional 130,554 shares in the last quarter.

iShares Russell 1000 ETF stock traded down $0.15 during mid-day trading on Thursday, reaching $157.56. The company had a trading volume of 90,281 shares, compared to its average volume of 1,093,807. iShares Russell 1000 ETF has a fifty-two week low of $129.68 and a fifty-two week high of $168.10. The company has a fifty day moving average of $164.53.

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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