Lmcg Investments LLC purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 8,714 shares of the company’s stock, valued at approximately $3,626,000.
A number of other hedge funds have also modified their holdings of IWB. Obermeyer Wealth Partners acquired a new position in shares of iShares Russell 1000 ETF in the third quarter valued at about $721,000. Cardinal Point Capital Management ULC raised its stake in shares of iShares Russell 1000 ETF by 6.2% in the third quarter. Cardinal Point Capital Management ULC now owns 1,818 shares of the company’s stock worth $757,000 after purchasing an additional 106 shares during the last quarter. LCW Services LLC lifted its holdings in shares of iShares Russell 1000 ETF by 10.1% during the third quarter. LCW Services LLC now owns 9,283 shares of the company’s stock worth $3,863,000 after purchasing an additional 850 shares during the period. Fifth Third Securities Inc. acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter worth about $13,034,000. Finally, Sowell Financial Services LLC acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter worth about $398,000.
iShares Russell 1000 ETF Stock Up 0.6%
Shares of NYSEARCA IWB opened at $422.30 on Thursday. The business’s 50 day moving average price is $419.98 and its 200 day moving average price is $408.44. The firm has a market cap of $49.20 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 52 week low of $345.21 and a 52 week high of $427.04.
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.
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