1,505 Shares in iShares Russell 1000 ETF $IWB Bought by Riversedge Advisors LLC

Riversedge Advisors LLC bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the third quarter, according to its most recent filing with the SEC. The firm bought 1,505 shares of the company’s stock, valued at approximately $626,000.

Several other hedge funds have also bought and sold shares of IWB. Bank of America Corp DE increased its stake in iShares Russell 1000 ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock valued at $1,838,275,000 after purchasing an additional 240,695 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares Russell 1000 ETF by 1.4% during the first quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock valued at $830,623,000 after purchasing an additional 32,054 shares in the last quarter. Focus Partners Wealth boosted its holdings in iShares Russell 1000 ETF by 12.4% during the fourth quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock worth $730,139,000 after purchasing an additional 215,456 shares during the last quarter. Catalyst Capital Advisors LLC boosted its holdings in iShares Russell 1000 ETF by 12.2% during the first quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock worth $585,376,000 after purchasing an additional 179,128 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in iShares Russell 1000 ETF by 1.6% in the 4th quarter. JPMorgan Chase & Co. now owns 1,342,895 shares of the company’s stock worth $501,491,000 after purchasing an additional 21,540 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB traded up $2.38 on Friday, hitting $424.90. The stock had a trading volume of 133,119 shares, compared to its average volume of 1,028,586. The stock has a market cap of $49.48 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. The firm’s fifty day simple moving average is $419.68 and its two-hundred day simple moving average is $404.28.

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.