Maloon Powers Pitre Higgins & Dennehy LLC Invests $941,000 in iShares Russell 1000 ETF $IWB

Maloon Powers Pitre Higgins & Dennehy LLC acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWBFree Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,299 shares of the company’s stock, valued at approximately $941,000.

Several other large investors also recently added to or reduced their stakes in IWB. REAP Financial Group LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth about $28,000. Sound Income Strategies LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $28,000. Advocate Investing Services LLC bought a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at about $31,000. Wagner Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at about $32,000. Finally, Coppell Advisory Solutions LLC purchased a new position in shares of iShares Russell 1000 ETF during the second quarter worth about $36,000.

iShares Russell 1000 ETF Trading Down 0.4%

IWB stock opened at $421.50 on Friday. The company’s 50 day moving average is $414.58 and its 200 day moving average is $396.06. The stock has a market cap of $49.82 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1-year low of $345.21 and a 1-year high of $426.92.

iShares Russell 1000 ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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