Modern Wealth Management LLC Raises Holdings in iShares Russell 1000 ETF $IWB

Modern Wealth Management LLC boosted its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 69.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,280 shares of the company’s stock after buying an additional 935 shares during the period. Modern Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $699,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Quadrant Private Wealth Management LLC boosted its position in iShares Russell 1000 ETF by 137.6% in the first quarter. Quadrant Private Wealth Management LLC now owns 1,604 shares of the company’s stock valued at $492,000 after buying an additional 929 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its position in iShares Russell 1000 ETF by 9.3% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 20,454 shares of the company’s stock valued at $6,589,000 after buying an additional 1,735 shares during the last quarter. Sowell Financial Services LLC purchased a new stake in iShares Russell 1000 ETF in the first quarter valued at approximately $598,000. Capital Advisors Wealth Management LLC boosted its position in iShares Russell 1000 ETF by 14.3% in the first quarter. Capital Advisors Wealth Management LLC now owns 1,301 shares of the company’s stock valued at $399,000 after buying an additional 163 shares during the last quarter. Finally, Assetmark Inc. boosted its position in iShares Russell 1000 ETF by 51.6% in the first quarter. Assetmark Inc. now owns 7,632 shares of the company’s stock valued at $2,341,000 after buying an additional 2,599 shares during the last quarter.

iShares Russell 1000 ETF Trading Down 0.1%

Shares of NYSEARCA:IWB opened at $361.49 on Monday. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $362.42. The company has a market capitalization of $44.05 billion, a PE ratio of 24.71 and a beta of 1.01. The business has a 50 day moving average of $350.18 and a two-hundred day moving average of $326.59.

iShares Russell 1000 ETF 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.