1,733 Shares in iShares Russell 1000 ETF $IWB Bought by Obermeyer Wealth Partners

Obermeyer Wealth Partners purchased a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, HoldingsChannel reports. The fund purchased 1,733 shares of the company’s stock, valued at approximately $721,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. MCF Advisors LLC raised its holdings in iShares Russell 1000 ETF by 127.6% in the second quarter. MCF Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after acquiring an additional 37 shares in the last quarter. Planning Strategies Inc. bought a new position in iShares Russell 1000 ETF during the 3rd quarter valued at $30,000. Sound Income Strategies LLC acquired a new position in iShares Russell 1000 ETF during the 1st quarter worth $28,000. Coppell Advisory Solutions LLC acquired a new position in iShares Russell 1000 ETF during the 2nd quarter worth $36,000. Finally, Wagner Wealth Management LLC acquired a new position in iShares Russell 1000 ETF during the 1st quarter worth $32,000.

iShares Russell 1000 ETF Stock Performance

IWB opened at $422.30 on Thursday. The company has a 50-day moving average of $419.98 and a 200-day moving average of $408.44. The company has a market capitalization of $49.20 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1-year low of $345.21 and a 1-year 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.