Maridea Wealth Management LLC Purchases New Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Maridea Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,567 shares of the company’s stock, valued at approximately $1,149,000.

Other institutional investors also recently made changes to their positions in the company. Millstone Evans Group LLC bought a new position in iShares Russell 1000 ETF during the 4th quarter worth $29,000. Crews Bank & Trust bought a new position in iShares Russell 1000 ETF during the fourth quarter worth about $37,000. Golden State Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF in the 4th quarter worth about $37,000. Centricity Wealth Management LLC bought a new stake in iShares Russell 1000 ETF in the 4th quarter valued at about $39,000. Finally, Kestra Investment Management LLC acquired a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $39,000.

iShares Russell 1000 ETF Trading Down 2.0 %

NYSEARCA IWB opened at $305.03 on Friday. The company has a market cap of $36.50 billion, a price-to-earnings ratio of 24.45 and a beta of 1.03. The company has a 50 day moving average of $323.87 and a 200-day moving average of $322.55. iShares Russell 1000 ETF has a 1-year low of $271.54 and a 1-year high of $337.76.

iShares Russell 1000 ETF 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.