Aspen Investment Management Inc Buys 1,944 Shares of iShares Russell 1000 ETF $IWB

Aspen Investment Management Inc boosted its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 56.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,386 shares of the company’s stock after acquiring an additional 1,944 shares during the period. Aspen Investment Management Inc’s holdings in iShares Russell 1000 ETF were worth $2,011,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. First Command Advisory Services Inc. bought a new stake in iShares Russell 1000 ETF during the 3rd quarter worth $31,000. True Wealth Design LLC acquired a new position in iShares Russell 1000 ETF during the 4th quarter worth about $32,000. Optima Capital LLC acquired a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $32,000. Allspring Global Investments Holdings LLC lifted its stake in shares of iShares Russell 1000 ETF by 78.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock valued at $43,000 after purchasing an additional 51 shares during the period. Finally, Horizon Investments LLC acquired a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $47,000.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $404.07 on Thursday. The stock’s 50 day simple moving average is $378.40 and its 200 day simple moving average is $375.87. iShares Russell 1000 ETF has a fifty-two week low of $316.35 and a fifty-two week high of $408.38. The company has a market cap of $47.54 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.