Patten & Patten Inc. TN Acquires New Shares in iShares Russell 1000 ETF $IWB

Patten & Patten Inc. TN acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 3,328 shares of the company’s stock, valued at approximately $1,216,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Capital A Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the second quarter worth approximately $30,000. Caldwell Trust Co bought a new stake in iShares Russell 1000 ETF during the second quarter valued at approximately $30,000. Highline Wealth Partners LLC purchased a new stake in iShares Russell 1000 ETF during the third quarter valued at approximately $30,000. Cary Street Partners Investment Advisory LLC increased its holdings in iShares Russell 1000 ETF by 75.0% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 91 shares of the company’s stock valued at $31,000 after buying an additional 39 shares during the last quarter. Finally, Absher Wealth Management LLC bought a new position in iShares Russell 1000 ETF in the third quarter worth approximately $33,000.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $378.10 on Monday. iShares Russell 1000 ETF has a 1-year low of $264.17 and a 1-year high of $381.71. The company’s fifty day simple moving average is $374.02 and its 200-day simple moving average is $364.28. The stock has a market capitalization of $46.28 billion, a PE 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.