Strategent Financial LLC Buys New Stake in iShares Russell 1000 ETF $IWB

Strategent Financial LLC purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 1,049 shares of the company’s stock, valued at approximately $356,000. iShares Russell 1000 ETF accounts for about 0.3% of Strategent Financial LLC’s portfolio, making the stock its 28th largest holding.

A number of other institutional investors have also modified their holdings of the stock. Brighton Jones LLC lifted its holdings in shares of iShares Russell 1000 ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock valued at $58,807,000 after buying an additional 6,006 shares during the period. Revolve Wealth Partners LLC grew its holdings in iShares Russell 1000 ETF by 56.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock worth $486,000 after acquiring an additional 542 shares during the period. Ritholtz Wealth Management raised its position in iShares Russell 1000 ETF by 24.4% during the first quarter. Ritholtz Wealth Management now owns 1,238 shares of the company’s stock valued at $380,000 after acquiring an additional 243 shares in the last quarter. Sowell Financial Services LLC acquired a new position in iShares Russell 1000 ETF in the first quarter valued at approximately $598,000. Finally, Sagespring Wealth Partners LLC acquired a new position in iShares Russell 1000 ETF in the first quarter valued at approximately $961,000.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB opened at $363.66 on Wednesday. The stock has a market capitalization of $43.22 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The firm’s 50 day simple moving average is $358.74 and its 200-day simple moving average is $334.55. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $369.87.

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.