Nwam LLC Purchases New Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Nwam LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 806 shares of the company’s stock, valued at approximately $254,000.

Several other institutional investors have also added to or reduced their stakes in IWB. Etesian Wealth Advisors Inc. lifted its holdings in shares of iShares Russell 1000 ETF by 32.0% during the third quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock valued at $390,000 after purchasing an additional 301 shares in the last quarter. Mechanics Bank Trust Department purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $597,000. Cambridge Trust Co. grew its stake in shares of iShares Russell 1000 ETF by 29.7% in the first quarter. Cambridge Trust Co. now owns 1,760 shares of the company’s stock worth $507,000 after acquiring an additional 403 shares during the period. Morton Capital Management LLC CA raised its holdings in shares of iShares Russell 1000 ETF by 0.9% during the third quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock valued at $1,592,000 after purchasing an additional 43 shares during the last quarter. Finally, Citizens Financial Group Inc. RI lifted its position in iShares Russell 1000 ETF by 20.5% during the first quarter. Citizens Financial Group Inc. RI now owns 3,678 shares of the company’s stock valued at $1,059,000 after purchasing an additional 625 shares during the period.

iShares Russell 1000 ETF Trading Up 0.4 %

Shares of IWB stock opened at $330.29 on Tuesday. The stock has a market capitalization of $40.54 billion, a P/E ratio of 24.68 and a beta of 1.01. The firm’s 50 day moving average is $318.52 and its 200 day moving average is $305.17. iShares Russell 1000 ETF has a 12-month low of $248.88 and a 12-month high of $332.02.

About iShares Russell 1000 ETF

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.