Praetorian Wealth Management Inc. Makes New Investment in iShares Russell 1000 ETF $IWB

Praetorian Wealth Management Inc. bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,285 shares of the company’s stock, valued at approximately $1,227,000.

A number of other institutional investors have also recently made changes to their positions in IWB. Spire Wealth Management boosted its stake in iShares Russell 1000 ETF by 0.3% during the 4th quarter. Spire Wealth Management now owns 20,859 shares of the company’s stock valued at $7,790,000 after purchasing an additional 54 shares during the last quarter. InvesTrust purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth $222,000. Sherman Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth $337,000. Capital Investment Advisors LLC lifted its holdings in shares of iShares Russell 1000 ETF by 22.7% during the fourth quarter. Capital Investment Advisors LLC now owns 3,816 shares of the company’s stock valued at $1,425,000 after purchasing an additional 707 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its holdings in shares of iShares Russell 1000 ETF by 8.2% during the fourth quarter. CoreCap Advisors LLC now owns 517 shares of the company’s stock valued at $193,000 after purchasing an additional 39 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $347.95 on Monday. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $382.34. The stock has a 50-day moving average of $372.25 and a 200 day moving average of $371.10. The company has a market capitalization of $42.95 billion, a price-to-earnings ratio of 24.71 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.