Partners Wealth Management LLC Acquires New Shares in iShares Russell 1000 ETF (NYSEARCA:IWB)

Partners Wealth Management LLC bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,352 shares of the company’s stock, valued at approximately $436,000.

Several other hedge funds have also recently modified their holdings of the business. Lansing Street Advisors boosted its stake in shares of iShares Russell 1000 ETF by 0.3% in the 4th quarter. Lansing Street Advisors now owns 10,176 shares of the company’s stock worth $3,278,000 after buying an additional 32 shares during the last quarter. Traynor Capital Management Inc. lifted its holdings in iShares Russell 1000 ETF by 4.1% in the fourth quarter. Traynor Capital Management Inc. now owns 862 shares of the company’s stock valued at $278,000 after acquiring an additional 34 shares during the period. Riverpoint Wealth Management Holdings LLC boosted its position in iShares Russell 1000 ETF by 0.3% in the third quarter. Riverpoint Wealth Management Holdings LLC now owns 10,720 shares of the company’s stock worth $3,370,000 after purchasing an additional 36 shares during the last quarter. Prime Capital Investment Advisors LLC grew its stake in shares of iShares Russell 1000 ETF by 0.8% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 4,402 shares of the company’s stock valued at $1,384,000 after purchasing an additional 36 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of iShares Russell 1000 ETF by 23.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 196 shares of the company’s stock valued at $62,000 after purchasing an additional 37 shares during the period.

iShares Russell 1000 ETF Stock Down 1.8 %

Shares of NYSEARCA:IWB opened at $329.73 on Monday. The stock has a market capitalization of $40.47 billion, a PE ratio of 24.68 and a beta of 1.01. The firm’s 50 day moving average price is $329.51 and its 200-day moving average price is $320.74. iShares Russell 1000 ETF has a twelve month low of $271.54 and a twelve month high of $337.76.

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.