Satovsky Asset Management LLC Makes New Investment in iShares Russell 1000 ETF (NYSEARCA:IWB)

Satovsky Asset Management LLC purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 626 shares of the company’s stock, valued at approximately $202,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWB. Clarkston Capital Partners LLC bought a new stake in iShares Russell 1000 ETF during the 3rd quarter worth approximately $32,000. Archer Investment Corp purchased a new position in shares of iShares Russell 1000 ETF during the 3rd quarter valued at $37,000. Crews Bank & Trust bought a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth $37,000. Golden State Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter worth $37,000. Finally, Kestra Investment Management LLC bought a new stake in iShares Russell 1000 ETF during the fourth quarter valued at $39,000.

iShares Russell 1000 ETF Stock Up 0.2 %

Shares of NYSEARCA IWB opened at $337.54 on Thursday. The stock’s 50-day simple moving average is $329.47 and its two-hundred day simple moving average is $319.68. iShares Russell 1000 ETF has a twelve month low of $271.54 and a twelve month high of $337.76. The firm has a market capitalization of $41.43 billion, a P/E ratio of 24.68 and a beta of 1.01.

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.