Cornerstone Wealth Management LLC Acquires 1,448 Shares of iShares Russell 1000 ETF $IWB

Cornerstone Wealth Management LLC increased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 71.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,479 shares of the company’s stock after acquiring an additional 1,448 shares during the period. Cornerstone Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $1,448,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Csenge Advisory Group raised its stake in shares of iShares Russell 1000 ETF by 1.5% in the third quarter. Csenge Advisory Group now owns 17,702 shares of the company’s stock worth $7,366,000 after purchasing an additional 267 shares during the last quarter. Simplex Trading LLC bought a new stake in iShares Russell 1000 ETF during the third quarter worth $354,000. Chartist Inc. CA bought a new stake in iShares Russell 1000 ETF during the third quarter worth $15,774,000. Allspring Global Investments Holdings LLC grew its holdings in iShares Russell 1000 ETF by 597.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 935 shares of the company’s stock worth $390,000 after buying an additional 801 shares in the last quarter. Finally, Bryn Mawr Trust Advisors LLC grew its holdings in iShares Russell 1000 ETF by 0.3% during the third quarter. Bryn Mawr Trust Advisors LLC now owns 8,091 shares of the company’s stock worth $3,367,000 after buying an additional 25 shares in the last quarter.

iShares Russell 1000 ETF Trading Down 0.4%

NYSEARCA IWB opened at $414.18 on Friday. The firm has a market capitalization of $48.04 billion, a P/E ratio of 23.22 and a beta of 1.00. The business has a fifty day simple moving average of $417.88 and a 200 day simple moving average of $400.09. iShares Russell 1000 ETF has a 12 month low of $345.21 and a 12 month high of $427.04.

About iShares Russell 1000 ETF

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.