Fairway Wealth LLC Makes New $137,000 Investment in iShares Russell 1000 ETF $IWB

Fairway Wealth LLC bought a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 402 shares of the company’s stock, valued at approximately $137,000.

A number of other large investors also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC purchased a new stake in iShares Russell 1000 ETF in the 2nd quarter valued at about $412,262,000. Jones Financial Companies Lllp grew its holdings in shares of iShares Russell 1000 ETF by 5.1% in the first quarter. Jones Financial Companies Lllp now owns 10,240,732 shares of the company’s stock valued at $3,123,735,000 after acquiring an additional 499,981 shares in the last quarter. Halbert Hargrove Global Advisors LLC increased its position in shares of iShares Russell 1000 ETF by 2,783.3% during the second quarter. Halbert Hargrove Global Advisors LLC now owns 466,465 shares of the company’s stock valued at $158,398,000 after acquiring an additional 450,287 shares during the last quarter. Allstate Corp bought a new stake in iShares Russell 1000 ETF during the first quarter worth $105,102,000. Finally, Ieq Capital LLC lifted its holdings in iShares Russell 1000 ETF by 176.0% during the first quarter. Ieq Capital LLC now owns 381,635 shares of the company’s stock worth $117,063,000 after acquiring an additional 243,360 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA:IWB opened at $364.57 on Monday. The company has a market capitalization of $43.62 billion, a PE ratio of 24.71 and a beta of 1.01. The business has a fifty day moving average price of $359.69 and a two-hundred day moving average price of $336.00. iShares Russell 1000 ETF has a 1 year low of $264.17 and a 1 year high of $369.87.

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.