Laurel Wealth Advisors Inc. acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 15,703 shares of the company’s stock, valued at approximately $2,556,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of IWB. Dividend Assets Capital LLC acquired a new stake in shares of iShares Russell 1000 ETF in the second quarter valued at $29,000. Ironwood Financial llc grew its stake in iShares Russell 1000 ETF by 81.9% during the 2nd quarter. Ironwood Financial llc now owns 211 shares of the company’s stock worth $34,000 after purchasing an additional 95 shares in the last quarter. AGF Investments LLC acquired a new position in iShares Russell 1000 ETF during the 2nd quarter worth $41,000. Weaver Consulting Group acquired a new position in iShares Russell 1000 ETF during the 1st quarter worth $43,000. Finally, Hanson McClain Inc. acquired a new position in iShares Russell 1000 ETF during the 1st quarter worth $44,000.
IWB traded up $0.16 on Friday, hitting $167.24. 2,178 shares of the company were exchanged, compared to its average volume of 1,049,067. iShares Russell 1000 ETF has a twelve month low of $129.68 and a twelve month high of $168.10. The firm has a 50-day moving average price of $162.71 and a two-hundred day moving average price of $160.67.
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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