Legacy Capital Wealth Partners LLC Takes Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Legacy Capital Wealth Partners LLC purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, Holdings Channel reports. The firm purchased 1,403 shares of the company’s stock, valued at approximately $368,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Kingsview Wealth Management LLC increased its position in iShares Russell 1000 ETF by 169.6% during the 3rd quarter. Kingsview Wealth Management LLC now owns 4,467 shares of the company’s stock valued at $1,049,000 after purchasing an additional 2,810 shares during the period. Truist Financial Corp raised its stake in iShares Russell 1000 ETF by 16.7% in the fourth quarter. Truist Financial Corp now owns 474,134 shares of the company’s stock worth $124,347,000 after buying an additional 67,861 shares in the last quarter. Advance Capital Management Inc. lifted its holdings in iShares Russell 1000 ETF by 3.8% during the fourth quarter. Advance Capital Management Inc. now owns 35,540 shares of the company’s stock worth $9,321,000 after buying an additional 1,285 shares during the period. Arbor Wealth Advisors LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at $442,000. Finally, Callan Capital LLC increased its holdings in shares of iShares Russell 1000 ETF by 4.0% in the 4th quarter. Callan Capital LLC now owns 4,195 shares of the company’s stock valued at $1,100,000 after acquiring an additional 163 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB opened at $279.45 on Monday. The business has a fifty day moving average price of $281.46 and a 200 day moving average price of $263.85. iShares Russell 1000 ETF has a 1-year low of $221.31 and a 1-year high of $288.75. The stock has a market capitalization of $34.41 billion, a P/E ratio of 25.11 and a beta of 1.01.

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.