Parkside Advisors LLC increased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 136,888 shares of the company’s stock after buying an additional 5,733 shares during the quarter. iShares Russell 1000 ETF makes up about 11.6% of Parkside Advisors LLC’s portfolio, making the stock its 2nd largest position. Parkside Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $18,985,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. LBJ Family Wealth Advisors Ltd. purchased a new stake in iShares Russell 1000 ETF during the fourth quarter worth about $707,000. MPS Loria Financial Planners LLC increased its stake in shares of iShares Russell 1000 ETF by 2.8% in the fourth quarter. MPS Loria Financial Planners LLC now owns 325,268 shares of the company’s stock worth $45,111,000 after purchasing an additional 8,721 shares in the last quarter. Acropolis Investment Management LLC increased its stake in shares of iShares Russell 1000 ETF by 191.8% in the fourth quarter. Acropolis Investment Management LLC now owns 9,707 shares of the company’s stock worth $1,346,000 after purchasing an additional 6,380 shares in the last quarter. Conservest Capital Advisors Inc. increased its stake in shares of iShares Russell 1000 ETF by 1.7% in the fourth quarter. Conservest Capital Advisors Inc. now owns 145,441 shares of the company’s stock worth $20,171,000 after purchasing an additional 2,468 shares in the last quarter. Finally, Atalanta Sosnoff Capital LLC purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth about $3,827,000.

Shares of IWB traded down $0.03 during trading hours on Friday, hitting $143.87. The company’s stock had a trading volume of 1,593,106 shares, compared to its average volume of 1,536,201. iShares Russell 1000 ETF has a 52-week low of $129.68 and a 52-week high of $164.13.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 21st. Stockholders of record on Tuesday, December 18th were paid a $0.8119 dividend. This is an increase from iShares Russell 1000 ETF’s previous quarterly dividend of $0.74. The ex-dividend date was Monday, December 17th. This represents a $3.25 annualized dividend and a dividend yield of 2.26%.

TRADEMARK VIOLATION NOTICE: “Parkside Advisors LLC Buys 5,733 Shares of iShares Russell 1000 ETF (IWB)” was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this report on another website, it was copied illegally and republished in violation of international trademark and copyright laws. The legal version of this report can be read at https://www.thecerbatgem.com/2019/01/11/parkside-advisors-llc-buys-5733-shares-of-ishares-russell-1000-etf-iwb.html.

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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