ACT Wealth Management LLC Purchases 3,807 Shares of iShares Russell 1000 ETF $IWB

ACT Wealth Management LLC grew its position in iShares Russell 1000 ETF (NYSEARCA:IWBFree Report) by 4.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 81,458 shares of the company’s stock after purchasing an additional 3,807 shares during the period. iShares Russell 1000 ETF makes up approximately 9.8% of ACT Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding. ACT Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $33,357,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Evanson Financial LLC acquired a new position in iShares Russell 1000 ETF during the 2nd quarter worth approximately $8,408,000. Thrive Wealth Management LLC grew its stake in shares of iShares Russell 1000 ETF by 14.8% during the 2nd quarter. Thrive Wealth Management LLC now owns 775 shares of the company’s stock worth $317,000 after acquiring an additional 100 shares in the last quarter. Balefire LLC acquired a new stake in shares of iShares Russell 1000 ETF in the second quarter valued at approximately $228,000. GAMMA Investing LLC raised its holdings in shares of iShares Russell 1000 ETF by 239.3% in the second quarter. GAMMA Investing LLC now owns 1,975 shares of the company’s stock valued at $809,000 after purchasing an additional 1,393 shares during the last quarter. Finally, Harbor Investment Advisory LLC raised its holdings in shares of iShares Russell 1000 ETF by 7.5% in the second quarter. Harbor Investment Advisory LLC now owns 14,025 shares of the company’s stock valued at $5,743,000 after purchasing an additional 981 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 0.2%

Shares of IWB stock opened at $420.29 on Friday. iShares Russell 1000 ETF has a 12 month low of $345.21 and a 12 month high of $424.94. The company’s fifty day simple moving average is $408.39 and its 200-day simple moving average is $389.74. The firm has a market cap of $49.68 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.

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

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