iShares Russell 1000 ETF $IWB is WealthTrust Asset Management LLC’s 2nd Largest Position

WealthTrust Asset Management LLC increased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 18.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,543 shares of the company’s stock after buying an additional 2,735 shares during the quarter. iShares Russell 1000 ETF comprises approximately 4.6% of WealthTrust Asset Management LLC’s portfolio, making the stock its 2nd biggest holding. WealthTrust Asset Management LLC’s holdings in iShares Russell 1000 ETF were worth $6,551,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. NewEdge Wealth LLC grew its holdings in iShares Russell 1000 ETF by 7.8% in the 4th quarter. NewEdge Wealth LLC now owns 4,346 shares of the company’s stock valued at $1,623,000 after buying an additional 315 shares during the period. Strategic Wealth Advisors LLC purchased a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth about $685,000. International Assets Investment Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth about $215,000. Diversify Wealth Management LLC boosted its position in shares of iShares Russell 1000 ETF by 197.9% in the fourth quarter. Diversify Wealth Management LLC now owns 1,832 shares of the company’s stock worth $697,000 after acquiring an additional 1,217 shares during the last quarter. Finally, MGO One Seven LLC boosted its position in shares of iShares Russell 1000 ETF by 2.4% in the fourth quarter. MGO One Seven LLC now owns 2,849 shares of the company’s stock worth $1,064,000 after acquiring an additional 67 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $402.33 on Friday. iShares Russell 1000 ETF has a 1 year low of $309.52 and a 1 year high of $402.65. The firm has a 50 day moving average price of $373.30 and a 200 day moving average price of $373.87. The company has a market cap of $47.33 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.