Strategent Financial LLC Acquires New Position in iShares Russell 1000 ETF $IWB

Strategent Financial LLC bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,049 shares of the company’s stock, valued at approximately $356,000. iShares Russell 1000 ETF comprises about 0.3% of Strategent Financial LLC’s investment portfolio, making the stock its 28th largest holding.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of iShares Russell 1000 ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock worth $58,807,000 after buying an additional 6,006 shares during the period. Revolve Wealth Partners LLC raised its stake in iShares Russell 1000 ETF by 56.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock worth $486,000 after acquiring an additional 542 shares during the last quarter. Ritholtz Wealth Management raised its stake in iShares Russell 1000 ETF by 24.4% in the 1st quarter. Ritholtz Wealth Management now owns 1,238 shares of the company’s stock worth $380,000 after acquiring an additional 243 shares during the last quarter. Sowell Financial Services LLC acquired a new stake in iShares Russell 1000 ETF during the 1st quarter worth about $598,000. Finally, Sagespring Wealth Partners LLC acquired a new stake in iShares Russell 1000 ETF during the 1st quarter worth about $961,000.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $363.66 on Wednesday. The business’s 50-day simple moving average is $358.74 and its two-hundred day simple moving average is $334.55. The company has a market cap of $43.22 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $369.87.

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.