iShares Russell 1000 ETF $IWB Position Increased by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC grew its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 70,239 shares of the company’s stock after purchasing an additional 4,981 shares during the period. Integrated Wealth Concepts LLC’s holdings in iShares Russell 1000 ETF were worth $28,763,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. REAP Financial Group LLC acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter worth $28,000. Sound Income Strategies LLC acquired a new position in iShares Russell 1000 ETF in the 1st quarter valued at approximately $28,000. Advocate Investing Services LLC purchased a new stake in iShares Russell 1000 ETF in the 4th quarter worth approximately $31,000. Wagner Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the 1st quarter valued at $32,000. Finally, Coppell Advisory Solutions LLC acquired a new stake in iShares Russell 1000 ETF during the second quarter valued at $36,000.

iShares Russell 1000 ETF Price Performance

IWB opened at $419.05 on Wednesday. The company has a market capitalization of $49.53 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a fifty-two week low of $345.21 and a fifty-two week high of $426.92. The business has a 50-day moving average of $415.08 and a 200-day moving average of $396.85.

iShares Russell 1000 ETF 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.