Asempa Wealth Advisors Makes New $1.96 Million Investment in iShares Russell 1000 ETF $IWB

Asempa Wealth Advisors acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,237 shares of the company’s stock, valued at approximately $1,956,000. iShares Russell 1000 ETF accounts for 1.7% of Asempa Wealth Advisors’ investment portfolio, making the stock its 15th biggest holding.

Other institutional investors have also modified their holdings of the company. Capital A Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF during the second quarter worth about $30,000. Caldwell Trust Co purchased a new position in iShares Russell 1000 ETF in the 2nd quarter worth approximately $30,000. Highline Wealth Partners LLC acquired a new stake in iShares Russell 1000 ETF in the third quarter valued at approximately $30,000. Cary Street Partners Investment Advisory LLC raised its stake in shares of iShares Russell 1000 ETF by 75.0% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 91 shares of the company’s stock valued at $31,000 after purchasing an additional 39 shares during the period. Finally, First Command Advisory Services Inc. acquired a new position in shares of iShares Russell 1000 ETF during the third quarter worth $31,000.

iShares Russell 1000 ETF Trading Down 1.6%

Shares of IWB stock opened at $354.95 on Monday. The firm has a fifty day simple moving average of $374.65 and a 200-day simple moving average of $371.15. The company has a market capitalization of $43.82 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $264.17 and a twelve month high of $382.34.

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.