Gateway Wealth Partners LLC Raises Position in iShares Russell 1000 ETF $IWB

Gateway Wealth Partners LLC grew its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 365.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,184 shares of the company’s stock after acquiring an additional 2,500 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares Russell 1000 ETF were worth $1,136,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. REAP Financial Group LLC purchased a new position in iShares Russell 1000 ETF in the fourth quarter valued at $28,000. Sound Income Strategies LLC purchased a new stake in iShares Russell 1000 ETF during the 1st quarter worth about $28,000. Advocate Investing Services LLC purchased a new stake in iShares Russell 1000 ETF during the 4th quarter worth about $31,000. Optima Capital LLC acquired a new stake in iShares Russell 1000 ETF in the 4th quarter valued at about $32,000. Finally, Wagner Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF in the 1st quarter valued at about $32,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $399.27 on Thursday. The stock has a 50-day simple moving average of $407.51 and a 200-day simple moving average of $388.24. The stock has a market capitalization of $47.13 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1 year low of $340.11 and a 1 year high of $415.11.

iShares Russell 1000 ETF Company Profile

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.