Advisors Capital Management LLC Purchases 465 Shares of iShares Russell 1000 ETF $IWB

Advisors Capital Management LLC grew its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,541 shares of the company’s stock after purchasing an additional 465 shares during the period. Advisors Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $1,542,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brooklyn Investment Group acquired a new position in shares of iShares Russell 1000 ETF in the 1st quarter valued at $33,000. eCIO Inc. acquired a new position in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $36,000. Fiduciary Wealth Partners LLC purchased a new stake in shares of iShares Russell 1000 ETF in the first quarter worth about $45,000. RMG Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF during the second quarter worth about $45,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in iShares Russell 1000 ETF during the second quarter valued at approximately $49,000.

iShares Russell 1000 ETF Trading Down 0.0%

Shares of NYSEARCA:IWB opened at $367.88 on Friday. The company has a market capitalization of $44.29 billion, a PE ratio of 24.71 and a beta of 1.01. The business has a 50 day moving average of $366.80 and a two-hundred day moving average of $347.32. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $377.77.

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.