Ridgeline Wealth LLC Purchases New Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Ridgeline Wealth LLC acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,561 shares of the company’s stock, valued at approximately $503,000.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in shares of iShares Russell 1000 ETF by 2.2% in the 3rd quarter. LPL Financial LLC now owns 2,394,007 shares of the company’s stock valued at $752,652,000 after buying an additional 52,616 shares during the period. Johnson Investment Counsel Inc. lifted its holdings in iShares Russell 1000 ETF by 2.3% in the second quarter. Johnson Investment Counsel Inc. now owns 1,279,068 shares of the company’s stock worth $380,574,000 after acquiring an additional 28,333 shares during the last quarter. BOKF NA boosted its stake in iShares Russell 1000 ETF by 8.9% in the second quarter. BOKF NA now owns 1,260,585 shares of the company’s stock valued at $375,074,000 after acquiring an additional 102,898 shares during the period. Pathstone Holdings LLC grew its holdings in shares of iShares Russell 1000 ETF by 0.4% during the third quarter. Pathstone Holdings LLC now owns 1,147,674 shares of the company’s stock valued at $360,544,000 after purchasing an additional 4,412 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of iShares Russell 1000 ETF by 398.0% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock worth $313,132,000 after purchasing an additional 796,000 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB traded up $1.89 during mid-day trading on Monday, hitting $327.62. The company had a trading volume of 997,706 shares, compared to its average volume of 865,869. The stock has a market cap of $40.22 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The firm’s 50 day simple moving average is $326.99 and its two-hundred day simple moving average is $312.95. iShares Russell 1000 ETF has a 12 month low of $258.10 and a 12 month high of $336.18.

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.