Iams Wealth Management LLC Invests $498,000 in iShares Russell 1000 ETF (NYSEARCA:IWB)

Iams Wealth Management LLC purchased a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,547 shares of the company’s stock, valued at approximately $498,000.

Several other hedge funds have also recently modified their holdings of IWB. Sound Income Strategies LLC grew its holdings in shares of iShares Russell 1000 ETF by 239.3% in the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after acquiring an additional 67 shares during the period. Winch Advisory Services LLC bought a new position in shares of iShares Russell 1000 ETF in the third quarter worth about $30,000. Clarkston Capital Partners LLC bought a new position in shares of iShares Russell 1000 ETF in the third quarter worth about $32,000. Archer Investment Corp bought a new position in shares of iShares Russell 1000 ETF in the third quarter worth about $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth about $51,000.

iShares Russell 1000 ETF Stock Down 0.1 %

NYSEARCA IWB opened at $332.68 on Wednesday. The firm has a market cap of $40.84 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The business has a 50-day moving average price of $328.91 and a 200-day moving average price of $316.20. iShares Russell 1000 ETF has a twelve month low of $265.70 and a twelve month high of $336.61.

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.