Evanson Financial LLC Invests $8.41 Million in iShares Russell 1000 ETF $IWB

Evanson Financial LLC purchased a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,532 shares of the company’s stock, valued at approximately $8,408,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. REAP Financial Group LLC purchased a new stake in iShares Russell 1000 ETF in the 4th quarter worth approximately $28,000. Sound Income Strategies LLC purchased a new position in shares of iShares Russell 1000 ETF during the 1st quarter valued at $28,000. Advocate Investing Services LLC purchased a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at $31,000. Optima Capital LLC acquired a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth $32,000. Finally, Wagner Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF in the first quarter worth $32,000.

iShares Russell 1000 ETF Trading Down 0.2%

Shares of NYSEARCA:IWB opened at $420.29 on Friday. iShares Russell 1000 ETF has a 1 year low of $345.21 and a 1 year high of $424.94. The business has a fifty day simple moving average of $408.39 and a 200 day simple moving average of $389.74. The firm has a market cap of $49.68 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.