Patton Albertson Miller Group LLC Makes New $502,000 Investment in iShares Russell 1000 ETF $IWB

Patton Albertson Miller Group LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,207 shares of the company’s stock, valued at approximately $502,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Rockland Trust Co. increased its stake in shares of iShares Russell 1000 ETF by 1.1% in the 2nd quarter. Rockland Trust Co. now owns 2,519 shares of the company’s stock valued at $1,032,000 after acquiring an additional 28 shares during the last quarter. Retirement Wealth Solutions LLC boosted its stake in iShares Russell 1000 ETF by 1.2% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 2,302 shares of the company’s stock worth $958,000 after acquiring an additional 28 shares during the last quarter. Global Wealth Strategies & Associates boosted its stake in iShares Russell 1000 ETF by 2.1% during the 3rd quarter. Global Wealth Strategies & Associates now owns 1,414 shares of the company’s stock worth $588,000 after acquiring an additional 29 shares during the last quarter. Beacon Capital Management LLC boosted its stake in iShares Russell 1000 ETF by 6.5% during the 3rd quarter. Beacon Capital Management LLC now owns 540 shares of the company’s stock worth $225,000 after acquiring an additional 33 shares during the last quarter. Finally, Gemmer Asset Management LLC grew its holdings in iShares Russell 1000 ETF by 0.5% during the third quarter. Gemmer Asset Management LLC now owns 7,134 shares of the company’s stock valued at $2,968,000 after purchasing an additional 35 shares during the period.

iShares Russell 1000 ETF Stock Up 0.7%

Shares of IWB stock opened at $418.06 on Tuesday. iShares Russell 1000 ETF has a 12-month low of $345.21 and a 12-month high of $427.04. The firm has a fifty day moving average of $419.68 and a 200-day moving average of $397.62. The firm has a market capitalization of $48.72 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.