2,745 Shares in iShares Russell 1000 ETF $IWB Bought by Segment Wealth Management LLC

Segment Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,745 shares of the company’s stock, valued at approximately $1,142,000.

A number of other hedge funds have also modified their holdings of the stock. Verdence Capital Advisors LLC boosted its stake in iShares Russell 1000 ETF by 30.4% in the 3rd quarter. Verdence Capital Advisors LLC now owns 1,202 shares of the company’s stock valued at $500,000 after buying an additional 280 shares in the last quarter. Patton Albertson Miller Group LLC bought a new stake in iShares Russell 1000 ETF in the third quarter valued at $502,000. Deroy & Devereaux Private Investment Counsel Inc. acquired a new position in iShares Russell 1000 ETF during the third quarter worth $1,081,000. Blume Capital Management Inc. acquired a new position in iShares Russell 1000 ETF during the third quarter worth $229,000. Finally, Apollon Wealth Management LLC raised its stake in iShares Russell 1000 ETF by 66.4% during the third quarter. Apollon Wealth Management LLC now owns 2,636 shares of the company’s stock worth $1,097,000 after acquiring an additional 1,052 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA IWB opened at $420.41 on Wednesday. The stock has a market cap of $49.00 billion, a PE ratio of 24.71 and a beta of 1.00. The business has a fifty day moving average of $419.47 and a two-hundred day moving average of $398.02. iShares Russell 1000 ETF has a 52-week low of $345.21 and a 52-week high of $427.04.

iShares Russell 1000 ETF 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.