Merit Financial Group LLC grew its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 15.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,829 shares of the company’s stock after purchasing an additional 4,100 shares during the period. Merit Financial Group LLC’s holdings in iShares Russell 1000 ETF were worth $11,513,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also modified their holdings of the company. Highline Wealth Partners LLC acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at $30,000. Optima Capital LLC acquired a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at $32,000. First Command Advisory Services Inc. acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at $31,000. True Wealth Design LLC acquired a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at $32,000. Finally, Caldwell Trust Co acquired a new position in shares of iShares Russell 1000 ETF in the 2nd quarter valued at $30,000.
iShares Russell 1000 ETF Stock Up 1.2%
Shares of iShares Russell 1000 ETF stock opened at $388.89 on Friday. iShares Russell 1000 ETF has a 52 week low of $279.04 and a 52 week high of $390.30. The business’s fifty day simple moving average is $369.58 and its 200-day simple moving average is $371.59. The firm has a market cap of $46.30 billion, a PE 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.
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