Prasad Wealth Partners LLC Takes $490,000 Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Prasad Wealth Partners LLC bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 1,521 shares of the company’s stock, valued at approximately $490,000.

Several other institutional investors have also made changes to their positions in IWB. Clarkston Capital Partners LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $32,000. Archer Investment Corp acquired a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $37,000. Crews Bank & Trust acquired a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at about $37,000. Golden State Wealth Management LLC acquired a new position in iShares Russell 1000 ETF in the fourth quarter valued at about $37,000. Finally, Centricity Wealth Management LLC acquired a new position in iShares Russell 1000 ETF in the fourth quarter valued at about $39,000.

iShares Russell 1000 ETF Stock Down 0.5 %

NYSEARCA:IWB opened at $328.05 on Tuesday. The firm has a market cap of $38.94 billion, a PE ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a 12 month low of $271.54 and a 12 month high of $337.76. The company’s 50-day moving average price is $329.38 and its two-hundred day moving average price is $321.00.

About iShares Russell 1000 ETF

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.