NorthCrest Asset Manangement LLC Buys 458 Shares of iShares Russell 1000 ETF $IWB

NorthCrest Asset Manangement LLC grew its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 6,675 shares of the company’s stock after purchasing an additional 458 shares during the period. NorthCrest Asset Manangement LLC’s holdings in iShares Russell 1000 ETF were worth $2,294,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWB. Quadrant Private Wealth Management LLC grew its holdings in shares of iShares Russell 1000 ETF by 137.6% in the first quarter. Quadrant Private Wealth Management LLC now owns 1,604 shares of the company’s stock valued at $492,000 after acquiring an additional 929 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in shares of iShares Russell 1000 ETF by 9.3% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 20,454 shares of the company’s stock valued at $6,589,000 after acquiring an additional 1,735 shares in the last quarter. Sowell Financial Services LLC bought a new position in shares of iShares Russell 1000 ETF in the first quarter valued at approximately $598,000. Capital Advisors Wealth Management LLC grew its holdings in shares of iShares Russell 1000 ETF by 14.3% in the first quarter. Capital Advisors Wealth Management LLC now owns 1,301 shares of the company’s stock valued at $399,000 after acquiring an additional 163 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in shares of iShares Russell 1000 ETF by 51.6% in the first quarter. Assetmark Inc. now owns 7,632 shares of the company’s stock valued at $2,341,000 after acquiring an additional 2,599 shares in the last quarter.

iShares Russell 1000 ETF Stock Up 0.5%

IWB stock opened at $363.32 on Friday. The firm has a market cap of $44.27 billion, a PE ratio of 24.71 and a beta of 1.01. The business has a 50 day moving average of $351.78 and a 200-day moving average of $327.63. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $364.73.

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.