Concurrent Investment Advisors LLC Purchases New Shares in iShares Russell 1000 ETF $IWB

Concurrent Investment Advisors LLC purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 934 shares of the company’s stock, valued at approximately $317,000.

Several other institutional investors have also added to or reduced their stakes in IWB. Rossby Financial LCC bought a new stake in iShares Russell 1000 ETF in the 1st quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at $28,000. Woodside Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at $30,000. Brooklyn Investment Group bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at $33,000. Finally, eCIO Inc. bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at $36,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $364.57 on Monday. The stock has a fifty day moving average price of $359.69 and a 200-day moving average price of $336.00. The company has a market cap of $43.62 billion, a price-to-earnings 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.

About iShares Russell 1000 ETF

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.