Avid Wealth Partners LLC Invests $588,000 in iShares Russell 1000 ETF $IWB

Avid Wealth Partners LLC bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,649 shares of the company’s stock, valued at approximately $588,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Mascoma Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the first quarter valued at $94,000. Hsbc Holdings PLC raised its position in shares of iShares Russell 1000 ETF by 1.0% in the 1st quarter. Hsbc Holdings PLC now owns 325,497 shares of the company’s stock worth $116,059,000 after acquiring an additional 3,141 shares in the last quarter. Mosaic Family Wealth Partners LLC bought a new position in shares of iShares Russell 1000 ETF in the 1st quarter worth about $305,000. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of iShares Russell 1000 ETF by 10.5% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 15,053 shares of the company’s stock valued at $5,367,000 after purchasing an additional 1,430 shares during the period. Finally, Personal CFO Solutions LLC lifted its stake in shares of iShares Russell 1000 ETF by 24.4% in the 1st quarter. Personal CFO Solutions LLC now owns 1,158 shares of the company’s stock valued at $413,000 after purchasing an additional 227 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $413.11 on Friday. The stock’s 50-day moving average is $405.99 and its 200 day moving average is $385.39. iShares Russell 1000 ETF has a one year low of $339.54 and a one year high of $415.11. The firm has a market cap of $48.60 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

iShares Russell 1000 ETF 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.