Parthenon LLC bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,980 shares of the company’s stock, valued at approximately $824,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fort Washington Investment Advisors Inc. OH acquired a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $2,627,000. GAMMA Investing LLC increased its position in shares of iShares Russell 1000 ETF by 239.3% during 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 period. Corient Private Wealth LP raised its stake in shares of iShares Russell 1000 ETF by 3.0% in the second quarter. Corient Private Wealth LP now owns 184,908 shares of the company’s stock valued at $75,720,000 after purchasing an additional 5,434 shares in the last quarter. Steelhead Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF in the first quarter valued at $865,000. Finally, Centerline Wealth Advisors LLC acquired a new position in shares of iShares Russell 1000 ETF in the second quarter valued at $11,252,000.
iShares Russell 1000 ETF Trading Down 0.5%
IWB stock traded down $1.90 during midday trading on Friday, hitting $415.35. The stock had a trading volume of 350,323 shares, compared to its average volume of 998,328. The firm has a market capitalization of $48.41 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 52 week low of $345.21 and a 52 week high of $427.04. The stock has a 50-day simple moving average of $419.60 and a 200 day simple moving average of $408.89.
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.
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