Neumann Capital Management LLC Buys New Shares in iShares Russell 1000 ETF $IWB

Neumann Capital Management LLC purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,930 shares of the company’s stock, valued at approximately $1,635,000.

Other hedge funds have also bought and sold shares of the company. Guyasuta Investment Advisors Inc. acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter worth $5,047,000. Centerline Wealth Advisors LLC grew its holdings in shares of iShares Russell 1000 ETF by 2.7% during the third quarter. Centerline Wealth Advisors LLC now owns 28,232 shares of the company’s stock valued at $11,748,000 after buying an additional 755 shares during the last quarter. AdvisorNet Financial Inc purchased a new stake in shares of iShares Russell 1000 ETF during the third quarter valued at $1,693,000. Curated Wealth Partners LLC purchased a new stake in shares of iShares Russell 1000 ETF during the third quarter valued at $603,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its position in shares of iShares Russell 1000 ETF by 7.4% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 738 shares of the company’s stock valued at $307,000 after acquiring an additional 51 shares during the period.

iShares Russell 1000 ETF Price Performance

NYSEARCA IWB opened at $421.35 on Friday. The company has a market cap of $49.17 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The stock’s fifty day moving average price is $420.27 and its 200 day moving average price is $406.65. iShares Russell 1000 ETF has a 1 year low of $345.21 and a 1 year high of $427.04.

iShares Russell 1000 ETF Company 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.