Telos Capital Management Inc. Acquires Shares of 1,059 iShares Russell 1000 ETF (NYSEARCA:IWB)

Telos Capital Management Inc. acquired a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, HoldingsChannel.com reports. The firm acquired 1,059 shares of the company’s stock, valued at approximately $333,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWB. Etesian Wealth Advisors Inc. raised its holdings in shares of iShares Russell 1000 ETF by 32.0% in the third quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock valued at $390,000 after buying an additional 301 shares during the last quarter. Mechanics Bank Trust Department bought a new position in shares of iShares Russell 1000 ETF in the third quarter valued at about $597,000. Cambridge Trust Co. raised its holdings in shares of iShares Russell 1000 ETF by 29.7% in the first quarter. Cambridge Trust Co. now owns 1,760 shares of the company’s stock valued at $507,000 after buying an additional 403 shares during the last quarter. Morton Capital Management LLC CA raised its holdings in shares of iShares Russell 1000 ETF by 0.9% in the third quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock valued at $1,592,000 after buying an additional 43 shares during the last quarter. Finally, Citizens Financial Group Inc. RI raised its holdings in shares of iShares Russell 1000 ETF by 20.5% in the first quarter. Citizens Financial Group Inc. RI now owns 3,678 shares of the company’s stock valued at $1,059,000 after buying an additional 625 shares during the last quarter.

iShares Russell 1000 ETF Trading Down 0.1 %

Shares of NYSEARCA:IWB opened at $319.64 on Wednesday. The stock has a market capitalization of $39.24 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1-year low of $224.41 and a 1-year high of $321.24. The business has a 50-day moving average price of $309.83 and a two-hundred day moving average price of $297.92.

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.