Crewe Advisors LLC Invests $140,000 in iShares Russell 1000 ETF (NYSEARCA:IWB)

Crewe Advisors LLC bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 435 shares of the company’s stock, valued at approximately $140,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Etesian Wealth Advisors Inc. raised its holdings in shares of iShares Russell 1000 ETF by 32.0% during the third quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock worth $390,000 after acquiring an additional 301 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares Russell 1000 ETF during the fourth quarter valued at about $51,000. Mechanics Bank Trust Department bought a new position in iShares Russell 1000 ETF during the third quarter valued at about $597,000. Morton Capital Management LLC CA raised its holdings in iShares Russell 1000 ETF by 0.9% during 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 in the last quarter. Finally, First Citizens Bank & Trust Co. raised its holdings in iShares Russell 1000 ETF by 125.2% during the third quarter. First Citizens Bank & Trust Co. now owns 11,686 shares of the company’s stock valued at $3,674,000 after buying an additional 6,497 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

NYSEARCA IWB opened at $333.42 on Thursday. iShares Russell 1000 ETF has a fifty-two week low of $269.98 and a fifty-two week high of $336.61. The stock’s 50-day moving average is $329.23 and its two-hundred day moving average is $317.15. The firm has a market cap of $40.93 billion, a P/E ratio of 24.68 and a beta of 1.01.

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.