Bayshore Capital Advisors LLC Makes New $7.68 Million Investment in iShares Russell 1000 ETF $IWB

Bayshore Capital Advisors LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 18,461 shares of the company’s stock, valued at approximately $7,682,000. iShares Russell 1000 ETF accounts for 4.0% of Bayshore Capital Advisors LLC’s holdings, making the stock its 6th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of IWB. Fort Washington Investment Advisors Inc. OH acquired a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter valued at about $2,627,000. GAMMA Investing LLC raised 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 worth $809,000 after acquiring an additional 1,393 shares during the last quarter. Landaas & Co. WI ADV acquired a new stake in iShares Russell 1000 ETF in the third quarter worth $2,713,000. Centerline Wealth Advisors LLC purchased a new stake in iShares Russell 1000 ETF in the 2nd quarter valued at $11,252,000. Finally, Corient Private Wealth LP boosted its stake in 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 acquiring an additional 5,434 shares during the last quarter.

iShares Russell 1000 ETF Stock Up 0.4%

NYSEARCA IWB opened at $402.58 on Friday. iShares Russell 1000 ETF has a 12-month low of $345.21 and a 12-month high of $427.04. The firm has a market cap of $46.58 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The company has a 50-day simple moving average of $418.34 and a two-hundred day simple moving average of $399.39.

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.