Snowden Capital Advisors LLC Makes New Investment in iShares Russell 1000 ETF (NYSEARCA:IWB)

Snowden Capital Advisors LLC acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,741 shares of the company’s stock, valued at approximately $1,527,000.

A number of other institutional investors have also recently bought and sold shares of IWB. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares Russell 1000 ETF during the 4th quarter worth about $51,000. Legacy Wealth Asset Management LLC acquired a new stake in iShares Russell 1000 ETF during the 4th quarter worth about $547,000. Ritholtz Wealth Management lifted its holdings in shares of iShares Russell 1000 ETF by 16.5% during the 4th quarter. Ritholtz Wealth Management now owns 995 shares of the company’s stock valued at $321,000 after buying an additional 141 shares during the last quarter. Merit Financial Group LLC lifted its holdings in shares of iShares Russell 1000 ETF by 211.4% during the 4th quarter. Merit Financial Group LLC now owns 28,344 shares of the company’s stock valued at $9,131,000 after buying an additional 19,243 shares during the last quarter. Finally, Premier Path Wealth Partners LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at about $476,000.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $326.72 on Friday. The firm has a market cap of $40.56 billion, a price-to-earnings ratio of 24.42 and a beta of 1.02. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $337.76. The stock has a 50-day simple moving average of $302.76 and a 200-day simple moving average of $319.04.

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.