1,621 Shares in iShares Russell 1000 ETF $IWB Purchased by USA Financial Formulas

USA Financial Formulas bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,621 shares of the company’s stock, valued at approximately $675,000.

Other institutional investors have also recently modified their holdings of the company. MCF Advisors LLC boosted its stake in iShares Russell 1000 ETF by 127.6% in the second quarter. MCF Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after buying an additional 37 shares in the last quarter. Planning Strategies Inc. bought a new position in iShares Russell 1000 ETF in the third quarter valued at about $30,000. Sound Income Strategies LLC bought a new position in iShares Russell 1000 ETF in the first quarter valued at about $28,000. Coppell Advisory Solutions LLC bought a new position in iShares Russell 1000 ETF in the second quarter valued at about $36,000. Finally, Wagner Wealth Management LLC acquired a new position in iShares Russell 1000 ETF during the first quarter worth about $32,000.

iShares Russell 1000 ETF Trading Down 1.1%

IWB stock opened at $416.77 on Friday. The firm has a 50-day moving average price of $420.14 and a 200-day moving average price of $406.72. iShares Russell 1000 ETF has a 12 month low of $345.21 and a 12 month high of $427.04. The stock has a market capitalization of $48.57 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.