Riverbridge Partners LLC Buys New Shares in iShares Russell 1000 ETF $IWB

Riverbridge Partners LLC purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 2,004 shares of the company’s stock, valued at approximately $834,000.

A number of other large investors also recently made changes to their positions in IWB. Lido Advisors LLC purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at $107,994,000. Bank of America Corp DE lifted its position in iShares Russell 1000 ETF by 4.9% during the first quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock worth $1,838,275,000 after buying an additional 240,695 shares during the period. AMG National Trust Bank purchased a new position in iShares Russell 1000 ETF during the third quarter worth about $98,073,000. WASHINGTON TRUST Co purchased a new position in iShares Russell 1000 ETF during the third quarter worth about $76,632,000. Finally, Catalyst Capital Advisors LLC boosted its stake in iShares Russell 1000 ETF by 12.2% in the 1st quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock worth $585,376,000 after buying an additional 179,128 shares during the last quarter.

iShares Russell 1000 ETF Trading Up 1.3%

Shares of NYSEARCA:IWB opened at $415.99 on Thursday. The firm has a market cap of $48.25 billion, a price-to-earnings ratio of 23.22 and a beta of 1.01. The stock’s 50-day moving average price is $417.97 and its two-hundred day moving average price is $399.92. iShares Russell 1000 ETF has a 12-month low of $345.21 and a 12-month high of $427.04.

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.