Balboa Wealth Partners Takes $253,000 Position in iShares Russell 1000 ETF $IWB

Balboa Wealth Partners acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 745 shares of the company’s stock, valued at approximately $253,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWB. Rossby Financial LCC bought a new position in iShares Russell 1000 ETF in the 1st quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the first quarter valued at approximately $28,000. Woodside Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the first quarter worth $30,000. Brooklyn Investment Group bought a new position in shares of iShares Russell 1000 ETF during the first quarter worth $33,000. Finally, eCIO Inc. bought a new position in shares of iShares Russell 1000 ETF during the first quarter worth $36,000.

iShares Russell 1000 ETF Stock Performance

IWB opened at $368.61 on Wednesday. The stock has a market capitalization of $44.01 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The company has a fifty day moving average of $360.40 and a 200 day moving average of $336.86. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $369.87.

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.