iShares Russell 1000 ETF $IWB Shares Newly Bought by Genesee Capital Advisors LLC

Genesee Capital Advisors LLC bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 6,278 shares of the company’s stock, valued at approximately $2,613,000. iShares Russell 1000 ETF makes up about 0.8% of Genesee Capital Advisors LLC’s portfolio, making the stock its 25th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MCF Advisors LLC lifted its holdings in iShares Russell 1000 ETF by 127.6% during the second quarter. MCF Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 37 shares in the last quarter. Sound Income Strategies LLC bought a new position in shares of iShares Russell 1000 ETF in the first quarter worth approximately $28,000. Planning Strategies Inc. bought a new position in shares of iShares Russell 1000 ETF in the third quarter worth approximately $30,000. Wagner Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the first quarter worth $32,000. Finally, Coppell Advisory Solutions LLC purchased a new stake in shares of iShares Russell 1000 ETF in the second quarter worth $36,000.

iShares Russell 1000 ETF Price Performance

Shares of IWB stock traded up $1.51 on Tuesday, hitting $419.81. 299,481 shares of the stock traded hands, compared to its average volume of 1,005,145. The firm has a market cap of $48.91 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 52 week low of $345.21 and a 52 week high of $427.04. The firm has a 50 day simple moving average of $420.04 and a two-hundred day simple moving average of $407.58.

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.