Eastern Bank Purchases 3,267 Shares of iShares Russell 1000 ETF $IWB

Eastern Bank lifted its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 169.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,194 shares of the company’s stock after purchasing an additional 3,267 shares during the period. Eastern Bank’s holdings in iShares Russell 1000 ETF were worth $2,127,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of IWB. REAP Financial Group LLC purchased a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at $28,000. Sound Income Strategies LLC purchased a new stake in iShares Russell 1000 ETF in the 1st quarter worth $28,000. Advocate Investing Services LLC bought a new stake in iShares Russell 1000 ETF during the fourth quarter valued at about $31,000. Optima Capital LLC bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at approximately $32,000. Finally, Wagner Wealth Management LLC bought a new position in iShares Russell 1000 ETF in the 1st quarter worth approximately $32,000.

iShares Russell 1000 ETF Price Performance

iShares Russell 1000 ETF stock opened at $422.16 on Wednesday. The stock has a market cap of $49.90 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1 year low of $344.41 and a 1 year high of $423.19. The firm’s 50 day moving average price is $407.98 and its 200-day moving average price is $389.16.

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.