Modera Wealth Management LLC Purchases 67,271 Shares of iShares Russell 1000 ETF $IWB

Modera Wealth Management LLC purchased a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 67,271 shares of the company’s stock, valued at approximately $27,994,000.

A number of other hedge funds have also modified their holdings of the stock. International Assets Investment Management LLC increased its position in iShares Russell 1000 ETF by 3,569.7% in the 3rd quarter. International Assets Investment Management LLC now owns 20,000 shares of the company’s stock worth $8,323,000 after purchasing an additional 19,455 shares during the last quarter. Cranbrook Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth about $2,810,000. Choreo LLC raised its stake in shares of iShares Russell 1000 ETF by 6.3% during the 3rd quarter. Choreo LLC now owns 148,236 shares of the company’s stock worth $61,686,000 after purchasing an additional 8,730 shares in the last quarter. Livelsberger Financial Advisory acquired a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $30,000. Finally, D.A. Davidson & CO. acquired a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $2,601,000.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $413.05 on Friday. The firm has a market cap of $48.12 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The stock has a 50-day simple moving average of $419.39 and a 200-day simple moving average of $398.60. iShares Russell 1000 ETF has a 52-week low of $345.21 and a 52-week high of $427.04.

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.