WealthTrust Asset Management LLC Takes $972,000 Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

WealthTrust Asset Management LLC acquired a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 3,266 shares of the company’s stock, valued at approximately $972,000.

Several other institutional investors also recently bought and sold shares of IWB. LRI Investments LLC bought a new position in iShares Russell 1000 ETF in the first quarter worth about $27,000. Transcendent Capital Group LLC grew its position in shares of iShares Russell 1000 ETF by 76.4% in the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock worth $29,000 after buying an additional 42 shares during the last quarter. Rosenberg Matthew Hamilton lifted its position in iShares Russell 1000 ETF by 176.7% during the second quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after acquiring an additional 76 shares during the last quarter. JNBA Financial Advisors purchased a new stake in iShares Russell 1000 ETF during the first quarter valued at approximately $50,000. Finally, Strategic Financial Concepts LLC acquired a new stake in iShares Russell 1000 ETF in the second quarter valued at approximately $54,000.

iShares Russell 1000 ETF Trading Up 1.7 %

Shares of IWB stock opened at $313.16 on Friday. iShares Russell 1000 ETF has a 12-month low of $224.41 and a 12-month high of $314.20. The business’s fifty day simple moving average is $301.55 and its 200-day simple moving average is $292.78. The company has a market cap of $38.44 billion, a PE ratio of 24.68 and a beta of 1.01.

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.