Kestra Private Wealth Services LLC Acquires 4,106 Shares of iShares Russell 1000 ETF $IWB

Kestra Private Wealth Services LLC boosted its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 108.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,904 shares of the company’s stock after acquiring an additional 4,106 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares Russell 1000 ETF were worth $2,952,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of IWB. Optima Capital LLC bought a new stake in iShares Russell 1000 ETF in the 4th quarter valued at $32,000. First Command Advisory Services Inc. acquired a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at $31,000. True Wealth Design LLC bought a new position in iShares Russell 1000 ETF during the fourth quarter worth $32,000. Absher Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF in the third quarter valued at $33,000. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of iShares Russell 1000 ETF by 78.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock valued at $43,000 after purchasing an additional 51 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $388.87 on Thursday. The company’s 50-day moving average is $371.60 and its 200-day moving average is $372.87. The firm has a market capitalization of $45.79 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $297.33 and a fifty-two week high of $391.47.

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.