iShares Russell 1000 ETF $IWB Shares Newly Bought by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,937 shares of the company’s stock, valued at approximately $3,376,000.

A number of other institutional investors have also recently added to or reduced their stakes in IWB. NorthCrest Asset Manangement LLC grew its holdings in iShares Russell 1000 ETF by 6.9% during the third quarter. NorthCrest Asset Manangement LLC now owns 6,433 shares of the company’s stock worth $2,718,000 after purchasing an additional 414 shares during the period. Avior Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the third quarter valued at about $5,281,000. Atlas Brown Inc. bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth about $375,000. Avity Investment Management Inc. bought a new stake in shares of iShares Russell 1000 ETF during the third quarter worth approximately $407,000. Finally, Riversedge Advisors LLC acquired a new position in iShares Russell 1000 ETF in the 3rd quarter valued at $626,000.

iShares Russell 1000 ETF Price Performance

iShares Russell 1000 ETF stock traded down $0.67 during mid-day trading on Tuesday, reaching $424.26. 80,752 shares of the company were exchanged, compared to its average volume of 1,020,981. The firm has a market cap of $49.53 billion, a PE ratio of 24.71 and a beta of 1.00. The company has a fifty day simple moving average of $420.23 and a 200-day simple moving average of $405.21. iShares Russell 1000 ETF has a 12 month low of $345.21 and a 12 month high of $427.04.

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.