Abound Financial LLC Purchases New Position in iShares Russell 1000 ETF $IWB

Abound Financial LLC purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 14,277 shares of the company’s stock, valued at approximately $5,331,000. iShares Russell 1000 ETF comprises about 1.2% of Abound Financial LLC’s investment portfolio, making the stock its 19th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Lansing Street Advisors grew its holdings in iShares Russell 1000 ETF by 0.3% during the 3rd quarter. Lansing Street Advisors now owns 10,256 shares of the company’s stock worth $3,748,000 after acquiring an additional 27 shares during the last quarter. Optivise Advisory Services LLC grew its holdings in iShares Russell 1000 ETF by 0.6% during the 4th quarter. Optivise Advisory Services LLC now owns 4,432 shares of the company’s stock worth $1,655,000 after acquiring an additional 27 shares during the last quarter. Oak Harbor Wealth Partners LLC grew its holdings in iShares Russell 1000 ETF by 15.2% during the 4th quarter. Oak Harbor Wealth Partners LLC now owns 205 shares of the company’s stock worth $77,000 after acquiring an additional 27 shares during the last quarter. Waterfront Wealth Inc. grew its holdings in iShares Russell 1000 ETF by 0.9% during the 4th quarter. Waterfront Wealth Inc. now owns 3,095 shares of the company’s stock worth $1,175,000 after acquiring an additional 29 shares during the last quarter. Finally, Flagship Private Wealth LLC grew its holdings in iShares Russell 1000 ETF by 2.1% during the 4th quarter. Flagship Private Wealth LLC now owns 1,396 shares of the company’s stock worth $521,000 after acquiring an additional 29 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

IWB opened at $411.73 on Tuesday. iShares Russell 1000 ETF has a fifty-two week low of $325.31 and a fifty-two week high of $415.11. The firm has a market capitalization of $48.44 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The company’s 50 day moving average price is $395.67 and its two-hundred day moving average price is $380.94.

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.