iShares Russell 1000 ETF $IWB Shares Newly Bought by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,172 shares of the company’s stock, valued at approximately $6,314,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. MCF Advisors LLC increased its stake in shares of iShares Russell 1000 ETF by 127.6% during 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 during the period. Sound Income Strategies LLC bought a new position in iShares Russell 1000 ETF during the 1st quarter valued at $28,000. Planning Strategies Inc. acquired a new position in shares of iShares Russell 1000 ETF during the 3rd quarter valued at $30,000. Wagner Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF during the 1st quarter valued at $32,000. Finally, Coppell Advisory Solutions LLC bought a new stake in shares of iShares Russell 1000 ETF in the 2nd quarter worth $36,000.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock traded down $2.46 during trading on Thursday, hitting $421.73. The stock had a trading volume of 284,169 shares, compared to its average volume of 1,030,671. The firm has a market cap of $49.11 billion, a P/E ratio of 24.71 and a beta of 1.00. The business has a fifty day moving average of $419.35 and a two-hundred day moving average of $403.80. iShares Russell 1000 ETF has a fifty-two week low of $345.21 and a fifty-two 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.