Kingsview Wealth Management LLC Has $1.98 Million Stake in iShares Russell 1000 ETF $IWB

Kingsview Wealth Management LLC increased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 99.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,422 shares of the company’s stock after buying an additional 2,706 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $1,982,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Highline Wealth Partners LLC acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at $30,000. First Command Advisory Services Inc. bought a new stake in iShares Russell 1000 ETF in the third quarter valued at about $31,000. Capital A Wealth Management LLC bought a new stake in iShares Russell 1000 ETF in the second quarter valued at about $30,000. Caldwell Trust Co acquired a new position in iShares Russell 1000 ETF in the second quarter valued at about $30,000. Finally, Absher Wealth Management LLC bought a new position in iShares Russell 1000 ETF during the third quarter worth about $33,000.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA:IWB opened at $373.45 on Friday. The firm’s 50 day simple moving average is $377.20 and its 200 day simple moving average is $369.99. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $382.34. The company has a market capitalization of $46.10 billion, a price-to-earnings 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.