Centerline Wealth Advisors LLC Takes $11.25 Million Position in iShares Russell 1000 ETF $IWB

Centerline Wealth Advisors LLC bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWBFree Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,477 shares of the company’s stock, valued at approximately $11,252,000. iShares Russell 1000 ETF comprises 3.5% of Centerline Wealth Advisors LLC’s holdings, making the stock its 10th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWB. REAP Financial Group LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter valued at approximately $28,000. Sound Income Strategies LLC purchased a new stake in iShares Russell 1000 ETF in the 1st quarter worth approximately $28,000. Advocate Investing Services LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $31,000. Coppell Advisory Solutions LLC purchased a new position in shares of iShares Russell 1000 ETF during the 2nd quarter valued at approximately $36,000. Finally, Wagner Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the 1st quarter valued at approximately $32,000.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA IWB opened at $419.05 on Wednesday. The company’s fifty day moving average price is $415.08 and its 200 day moving average price is $396.85. iShares Russell 1000 ETF has a 1 year low of $345.21 and a 1 year high of $426.92. The company has a market capitalization of $49.53 billion, a PE ratio of 24.71 and a beta of 1.00.

iShares Russell 1000 ETF Company 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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