iShares Russell 1000 ETF $IWB Shares Bought by Brown Advisory Inc.

Brown Advisory Inc. lifted its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 21.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 185,502 shares of the company’s stock after buying an additional 32,265 shares during the quarter. Brown Advisory Inc. owned approximately 0.15% of iShares Russell 1000 ETF worth $62,991,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Brooklyn Investment Group purchased a new position in iShares Russell 1000 ETF in the first quarter worth approximately $33,000. eCIO Inc. purchased a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at approximately $36,000. RMG Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 2nd quarter valued at $45,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of iShares Russell 1000 ETF in the 2nd quarter valued at $49,000. Finally, Atticus Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter worth $54,000.

iShares Russell 1000 ETF Trading Up 0.2%

Shares of IWB stock opened at $375.77 on Friday. The company has a market cap of $45.24 billion, a P/E ratio of 24.71 and a beta of 1.01. The firm has a fifty day moving average price of $368.84 and a 200 day moving average price of $352.69. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $377.77.

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.