15,086 Shares in iShares Russell 1000 ETF (NYSEARCA:IWB) Acquired by SageView Advisory Group LLC

SageView Advisory Group LLC bought a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the first quarter, HoldingsChannel reports. The institutional investor bought 15,086 shares of the company’s stock, valued at approximately $4,345,000.

Other large investors also recently added to or reduced their stakes in the company. Mascoma Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at $25,000. Baystate Wealth Management LLC boosted its holdings in iShares Russell 1000 ETF by 70.8% during the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock valued at $32,000 after acquiring an additional 51 shares during the period. Robinson Capital Management LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at about $33,000. JNBA Financial Advisors purchased a new stake in iShares Russell 1000 ETF during the first quarter worth about $50,000. Finally, Concourse Financial Group Securities Inc. lifted its position in shares of iShares Russell 1000 ETF by 164.0% during the first quarter. Concourse Financial Group Securities Inc. now owns 198 shares of the company’s stock worth $57,000 after purchasing an additional 123 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB traded down $2.38 during midday trading on Thursday, hitting $302.61. The company’s stock had a trading volume of 780,296 shares, compared to its average volume of 797,939. iShares Russell 1000 ETF has a 1 year low of $224.41 and a 1 year high of $309.61. The business’s fifty day simple moving average is $295.49 and its two-hundred day simple moving average is $282.75. The firm has a market capitalization of $37.15 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.