Wealth Enhancement Trust Services Inc. Makes New Investment in iShares Russell 1000 ETF $IWB

Wealth Enhancement Trust Services Inc. purchased a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,953 shares of the company’s stock, valued at approximately $729,000.

A number of other large investors have also bought and sold shares of IWB. Focus Partners Wealth grew its holdings in iShares Russell 1000 ETF by 86.1% in the third quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock worth $635,852,000 after purchasing an additional 805,083 shares during the period. Bank of America Corp DE grew its holdings in iShares Russell 1000 ETF by 14.9% in the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after purchasing an additional 616,717 shares during the period. Allstate Corp grew its holdings in iShares Russell 1000 ETF by 1,077.8% in the third quarter. Allstate Corp now owns 478,415 shares of the company’s stock worth $174,851,000 after purchasing an additional 437,794 shares during the period. Jones Financial Companies Lllp grew its holdings in iShares Russell 1000 ETF by 3.9% in the third quarter. Jones Financial Companies Lllp now owns 11,256,502 shares of the company’s stock worth $4,092,759,000 after purchasing an additional 427,736 shares during the period. Finally, CIBC Bancorp USA Inc. acquired a new stake in iShares Russell 1000 ETF in the third quarter worth $133,604,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $388.89 on Monday. The stock has a market capitalization of $46.45 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The firm has a fifty day simple moving average of $369.58 and a two-hundred day simple moving average of $371.66. iShares Russell 1000 ETF has a 12 month low of $279.04 and a 12 month high of $390.30.

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.