Johnson Financial Group LLC Invests $2.73 Million in iShares Russell 1000 ETF $IWB

Johnson Financial Group LLC bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, HoldingsChannel reports. The firm bought 7,319 shares of the company’s stock, valued at approximately $2,733,000. iShares Russell 1000 ETF makes up about 0.2% of Johnson Financial Group LLC’s investment portfolio, making the stock its 28th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWB. True Wealth Design LLC acquired a new stake in iShares Russell 1000 ETF in the fourth quarter worth about $32,000. Optima Capital LLC acquired a new position in shares of iShares Russell 1000 ETF during the fourth quarter valued at about $32,000. Allspring Global Investments Holdings LLC raised its position in shares of iShares Russell 1000 ETF by 78.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock valued at $43,000 after purchasing an additional 51 shares during the last quarter. Horizon Investments LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $47,000. Finally, Foster Dykema Cabot & Partners LLC acquired a new stake in iShares Russell 1000 ETF in the 3rd quarter worth approximately $48,000.

iShares Russell 1000 ETF Trading Down 0.7%

NYSEARCA:IWB opened at $411.83 on Thursday. iShares Russell 1000 ETF has a twelve month low of $325.09 and a twelve month high of $415.11. The company has a market cap of $48.45 billion, a PE ratio of 24.71 and a beta of 1.00. The company’s 50 day moving average is $387.69 and its two-hundred day moving average is $378.61.

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.