Oak Wealth Advisors LLC Makes New $276,000 Investment in iShares Russell 1000 ETF $IWB

Oak Wealth Advisors LLC purchased a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 814 shares of the company’s stock, valued at approximately $276,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Rossby Financial LCC acquired a new stake in iShares Russell 1000 ETF in the 1st quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF in the 1st quarter worth about $28,000. Woodside Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF in the 1st quarter worth about $30,000. Brooklyn Investment Group acquired a new stake in iShares Russell 1000 ETF in the 1st quarter worth about $33,000. Finally, eCIO Inc. acquired a new stake in iShares Russell 1000 ETF in the 1st quarter worth about $36,000.

iShares Russell 1000 ETF Trading Down 0.5%

Shares of NYSEARCA:IWB opened at $364.56 on Wednesday. The stock’s 50-day moving average price is $353.14 and its two-hundred day moving average price is $328.71. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $366.84. The firm has a market cap of $44.42 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.

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.