Intellus Advisors LLC Acquires New Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Intellus Advisors LLC purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 720 shares of the company’s stock, valued at approximately $232,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWB. Millstone Evans Group LLC bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at about $29,000. Crews Bank & Trust bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at about $37,000. Golden State Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at about $37,000. Centricity Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at about $39,000. Finally, Kestra Investment Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at about $39,000.

iShares Russell 1000 ETF Trading Up 0.0 %

Shares of NYSEARCA IWB opened at $309.81 on Friday. iShares Russell 1000 ETF has a 12 month low of $271.54 and a 12 month high of $337.76. The firm has a market capitalization of $37.07 billion, a price-to-earnings ratio of 24.45 and a beta of 1.03. The business has a 50-day moving average of $325.12 and a 200-day moving average of $322.14.

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.