ZWJ Investment Counsel Inc. Makes New Investment in iShares Russell 1000 ETF $IWB

ZWJ Investment Counsel Inc. acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 6,337 shares of the company’s stock, valued at approximately $2,637,000.

Other large investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in shares of iShares Russell 1000 ETF by 239.3% in the second quarter. GAMMA Investing LLC now owns 1,975 shares of the company’s stock valued at $809,000 after acquiring an additional 1,393 shares during the period. Corient Private Wealth LP grew its stake in shares of iShares Russell 1000 ETF by 3.0% in the second quarter. Corient Private Wealth LP now owns 184,908 shares of the company’s stock valued at $75,720,000 after acquiring an additional 5,434 shares in the last quarter. Steelhead Wealth Management LLC bought a new position in iShares Russell 1000 ETF during the first quarter worth about $865,000. Eastern Bank bought a new position in iShares Russell 1000 ETF during the third quarter worth about $2,113,000. Finally, World Investment Advisors increased its position in iShares Russell 1000 ETF by 214.7% during the fourth quarter. World Investment Advisors now owns 5,700 shares of the company’s stock worth $2,129,000 after acquiring an additional 3,889 shares during the period.

iShares Russell 1000 ETF Stock Down 1.2%

Shares of iShares Russell 1000 ETF stock opened at $419.75 on Thursday. iShares Russell 1000 ETF has a twelve month low of $345.21 and a twelve month high of $427.04. The company has a 50-day simple moving average of $420.25 and a two-hundred day simple moving average of $406.13. The stock has a market capitalization of $48.98 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.