Mittelman Wealth Management Buys Shares of 3,428 iShares Russell 1000 ETF $IWB

Mittelman Wealth Management purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,428 shares of the company’s stock, valued at approximately $1,200,000. iShares Russell 1000 ETF accounts for 0.7% of Mittelman Wealth Management’s holdings, making the stock its 23rd largest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Mayport LLC bought a new position in iShares Russell 1000 ETF in the 4th quarter valued at $878,000. Whittier Trust Co. increased its holdings in shares of iShares Russell 1000 ETF by 2.1% in the fourth quarter. Whittier Trust Co. now owns 85,261 shares of the company’s stock worth $32,352,000 after purchasing an additional 1,746 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of iShares Russell 1000 ETF by 20.2% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 13,623 shares of the company’s stock worth $5,087,000 after purchasing an additional 2,293 shares during the period. Vista Capital Partners Inc. increased its holdings in shares of iShares Russell 1000 ETF by 149.0% in the fourth quarter. Vista Capital Partners Inc. now owns 6,026 shares of the company’s stock worth $2,250,000 after purchasing an additional 3,606 shares during the period. Finally, TD Waterhouse Canada Inc. purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter worth $1,344,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $404.46 on Tuesday. The company has a market capitalization of $47.75 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 52-week low of $340.11 and a 52-week high of $415.11. The business’s fifty day moving average is $407.49 and its 200 day moving average is $387.90.

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.