Ritholtz Wealth Management Purchases 483 Shares of iShares Russell 1000 ETF $IWB

Ritholtz Wealth Management boosted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 39.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,721 shares of the company’s stock after buying an additional 483 shares during the quarter. Ritholtz Wealth Management’s holdings in iShares Russell 1000 ETF were worth $584,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rossby Financial LCC bought a new stake in iShares Russell 1000 ETF during the first quarter worth $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the first quarter worth $28,000. Woodside Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the first quarter worth $30,000. Brooklyn Investment Group bought a new stake in iShares Russell 1000 ETF during the first quarter worth $33,000. Finally, eCIO Inc. bought a new stake in iShares Russell 1000 ETF during the first quarter worth $36,000.

iShares Russell 1000 ETF Trading Up 0.5%

NYSEARCA IWB opened at $364.57 on Monday. The firm has a market capitalization of $43.62 billion, a P/E ratio of 24.71 and a beta of 1.01. The firm’s fifty day moving average price is $359.69 and its two-hundred day moving average price is $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 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.