Paul R. Ried Financial Group LLC Makes New Investment in iShares Russell 1000 ETF (NYSEARCA:IWB)

Paul R. Ried Financial Group LLC acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,784 shares of the company’s stock, valued at approximately $1,863,000. iShares Russell 1000 ETF accounts for approximately 1.3% of Paul R. Ried Financial Group LLC’s holdings, making the stock its 15th largest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sound Income Strategies LLC grew its stake in iShares Russell 1000 ETF by 239.3% during the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after acquiring an additional 67 shares in the last quarter. Winch Advisory Services LLC purchased a new position in iShares Russell 1000 ETF during the 3rd quarter valued at about $30,000. Clarkston Capital Partners LLC bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter valued at approximately $32,000. Crews Bank & Trust bought a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $37,000. Finally, Archer Investment Corp bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter valued at approximately $37,000.

iShares Russell 1000 ETF Stock Down 0.7 %

Shares of iShares Russell 1000 ETF stock opened at $329.86 on Tuesday. The stock has a market capitalization of $40.49 billion, a P/E ratio of 24.68 and a beta of 1.01. The stock has a 50 day moving average price of $329.23 and a two-hundred day moving average price of $316.74. iShares Russell 1000 ETF has a 12-month low of $269.24 and a 12-month high of $336.61.

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.