649 Shares in iShares Russell 1000 ETF (NYSEARCA:IWB) Bought by Spectrum Asset Management Inc. NB CA

Spectrum Asset Management Inc. NB CA bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 649 shares of the company’s stock, valued at approximately $204,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. LRI Investments LLC bought a new position in iShares Russell 1000 ETF during the first quarter worth $27,000. Transcendent Capital Group LLC boosted its stake in iShares Russell 1000 ETF by 76.4% during the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock worth $29,000 after buying an additional 42 shares in the last quarter. Sound Income Strategies LLC boosted its stake in iShares Russell 1000 ETF by 239.3% during the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after buying an additional 67 shares in the last quarter. Winch Advisory Services LLC acquired a new stake in iShares Russell 1000 ETF during the third quarter worth $30,000. Finally, Rosenberg Matthew Hamilton boosted its stake in iShares Russell 1000 ETF by 176.7% during the second quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after buying an additional 76 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

IWB opened at $316.78 on Thursday. iShares Russell 1000 ETF has a fifty-two week low of $224.41 and a fifty-two week high of $321.24. The firm’s fifty day moving average price is $310.21 and its two-hundred day moving average price is $298.05. The company has a market capitalization of $38.88 billion, a P/E ratio of 24.68 and a beta of 1.01.

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.