Rialto Wealth Management LLC Takes Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Rialto Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 754 shares of the company’s stock, valued at approximately $243,000.

Other institutional investors have also recently bought and sold shares of the company. Lansing Street Advisors grew its position in iShares Russell 1000 ETF by 0.3% in the fourth quarter. Lansing Street Advisors now owns 10,176 shares of the company’s stock worth $3,278,000 after acquiring an additional 32 shares in the last quarter. TSA Wealth Managment LLC boosted its holdings in iShares Russell 1000 ETF by 0.9% in the fourth quarter. TSA Wealth Managment LLC now owns 3,593 shares of the company’s stock worth $1,158,000 after purchasing an additional 32 shares in the last quarter. Traynor Capital Management Inc. increased its position in iShares Russell 1000 ETF by 4.1% during the fourth quarter. Traynor Capital Management Inc. now owns 862 shares of the company’s stock worth $278,000 after buying an additional 34 shares during the last quarter. Riverpoint Wealth Management Holdings LLC raised its holdings in iShares Russell 1000 ETF by 0.3% during the third quarter. Riverpoint Wealth Management Holdings LLC now owns 10,720 shares of the company’s stock valued at $3,370,000 after buying an additional 36 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC lifted its position in shares of iShares Russell 1000 ETF by 0.8% in the third quarter. Prime Capital Investment Advisors LLC now owns 4,402 shares of the company’s stock worth $1,384,000 after buying an additional 36 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB opened at $315.98 on Friday. The company has a market cap of $37.51 billion, a PE ratio of 26.23 and a beta of 1.03. The stock has a 50-day moving average of $328.25 and a 200-day moving average of $322.19. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $337.76.

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.