iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Purchased by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. boosted its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 14.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,293 shares of the company’s stock after buying an additional 2,366 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares Russell 1000 ETF were worth $5,443,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of IWB. LRI Investments LLC acquired a new stake in iShares Russell 1000 ETF during the first quarter worth about $27,000. Transcendent Capital Group LLC grew its stake in shares of iShares Russell 1000 ETF by 76.4% during the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock worth $29,000 after purchasing an additional 42 shares during the period. Rosenberg Matthew Hamilton increased its holdings in shares of iShares Russell 1000 ETF by 176.7% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after purchasing an additional 76 shares in the last quarter. JNBA Financial Advisors acquired a new position in shares of iShares Russell 1000 ETF in the 1st quarter valued at $50,000. Finally, Concourse Financial Group Securities Inc. boosted its holdings in iShares Russell 1000 ETF by 164.0% during the first quarter. Concourse Financial Group Securities Inc. now owns 198 shares of the company’s stock worth $57,000 after buying an additional 123 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB opened at $314.33 on Tuesday. The company has a fifty day moving average of $302.72 and a two-hundred day moving average of $294.47. The stock has a market capitalization of $38.58 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $224.41 and a fifty-two week high of $314.80.

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.