Howard Bailey Securities LLC Buys New Shares in iShares Russell 1000 ETF (NYSEARCA:IWB)

Howard Bailey Securities LLC bought a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 779 shares of the company’s stock, valued at approximately $251,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Winch Advisory Services LLC purchased a new position in iShares Russell 1000 ETF in the third quarter valued at $30,000. Clarkston Capital Partners LLC purchased a new stake in iShares Russell 1000 ETF during the 3rd quarter worth about $32,000. Archer Investment Corp purchased a new stake in iShares Russell 1000 ETF during the 3rd quarter worth about $37,000. Crews Bank & Trust purchased a new stake in iShares Russell 1000 ETF during the 4th quarter worth about $37,000. Finally, Golden State Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF during the 4th quarter worth about $37,000.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB opened at $332.43 on Thursday. The company has a market capitalization of $40.81 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The business has a 50-day moving average of $329.37 and a two-hundred day moving average of $318.35. iShares Russell 1000 ETF has a 1 year low of $269.98 and a 1 year high of $336.61.

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.