Legacy Wealth Asset Management LLC Buys Shares of 1,699 iShares Russell 1000 ETF (NYSEARCA:IWB)

Legacy Wealth Asset Management LLC bought a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, HoldingsChannel reports. The fund bought 1,699 shares of the company’s stock, valued at approximately $547,000.

Several other hedge funds have also recently bought and sold shares of the company. Cypress Wealth Services LLC grew its holdings in shares of iShares Russell 1000 ETF by 0.7% during the 3rd quarter. Cypress Wealth Services LLC now owns 4,960 shares of the company’s stock valued at $1,559,000 after purchasing an additional 33 shares during the last quarter. Evensky & Katz LLC grew its holdings in shares of iShares Russell 1000 ETF by 0.3% during the 3rd quarter. Evensky & Katz LLC now owns 10,201 shares of the company’s stock valued at $3,207,000 after purchasing an additional 35 shares during the last quarter. Lansing Street Advisors grew its holdings in shares of iShares Russell 1000 ETF by 0.3% during the 3rd quarter. Lansing Street Advisors now owns 10,144 shares of the company’s stock valued at $3,189,000 after purchasing an additional 35 shares during the last quarter. Riverpoint Wealth Management Holdings LLC grew its holdings in shares of iShares Russell 1000 ETF by 0.3% during the 3rd quarter. Riverpoint Wealth Management Holdings LLC now owns 10,720 shares of the company’s stock valued at $3,370,000 after purchasing an additional 36 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC grew its holdings in shares of iShares Russell 1000 ETF by 0.8% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 4,402 shares of the company’s stock valued at $1,384,000 after purchasing an additional 36 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

IWB opened at $329.39 on Friday. iShares Russell 1000 ETF has a fifty-two week low of $260.02 and a fifty-two week high of $336.18. The firm has a market capitalization of $40.43 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The company’s 50 day moving average price is $327.99 and its two-hundred day moving average price is $314.36.

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.