Meridian Wealth Management LLC Buys Shares of 4,211 iShares Russell 1000 ETF (NYSEARCA:IWB)

Meridian Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,211 shares of the company’s stock, valued at approximately $1,324,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Cypress Wealth Services LLC increased its stake in shares of iShares Russell 1000 ETF by 0.7% during the third 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 in the last quarter. WealthPLAN Partners LLC increased its stake in shares of iShares Russell 1000 ETF by 2.1% during the second quarter. WealthPLAN Partners LLC now owns 1,703 shares of the company’s stock valued at $507,000 after purchasing an additional 35 shares in the last quarter. Evensky & Katz LLC increased its stake in shares of iShares Russell 1000 ETF by 0.3% during the third 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 in the last quarter. Lansing Street Advisors increased its stake in shares of iShares Russell 1000 ETF by 0.3% during the third 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 in the last quarter. Finally, Riverpoint Wealth Management Holdings LLC increased its stake in shares of 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 purchasing an additional 36 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA IWB opened at $328.90 on Friday. iShares Russell 1000 ETF has a fifty-two week low of $248.88 and a fifty-two week high of $330.43. The company has a 50 day simple moving average of $318.08 and a two-hundred day simple moving average of $304.57. The company has a market capitalization of $40.37 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

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.