Steelhead Wealth Management LLC Makes New $865,000 Investment in iShares Russell 1000 ETF $IWB

Steelhead Wealth Management LLC bought a new stake in iShares Russell 1000 ETF (NYSEARCA:IWBFree Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,428 shares of the company’s stock, valued at approximately $865,000.

Other institutional investors also recently made changes to their positions in the company. REAP Financial Group LLC acquired a new position in iShares Russell 1000 ETF during the 4th quarter valued at approximately $28,000. Sound Income Strategies LLC bought a new stake in iShares Russell 1000 ETF in the first quarter valued at $28,000. Advocate Investing Services LLC acquired a new position in shares of iShares Russell 1000 ETF during the fourth quarter valued at $31,000. Optima Capital LLC acquired a new position in shares of iShares Russell 1000 ETF during the fourth quarter valued at $32,000. Finally, Wagner Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF during the first quarter worth about $32,000.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $408.38 on Monday. iShares Russell 1000 ETF has a fifty-two week low of $340.11 and a fifty-two week high of $415.11. The firm’s 50-day simple moving average is $407.56 and its 200 day simple moving average is $388.61. The stock has a market cap of $48.21 billion, a PE ratio of 24.71 and a beta of 1.00.

iShares Russell 1000 ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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