Falcon Wealth Planning Purchases New Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Falcon Wealth Planning purchased a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, Holdings Channel reports. The fund purchased 2,455 shares of the company’s stock, valued at approximately $791,000.

A number of other hedge funds also recently bought and sold shares of the business. Etesian Wealth Advisors Inc. raised its stake in shares of iShares Russell 1000 ETF by 32.0% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock worth $390,000 after buying an additional 301 shares during the period. Mechanics Bank Trust Department purchased a new stake in iShares Russell 1000 ETF in the 3rd quarter worth $597,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth $51,000. Morton Capital Management LLC CA lifted its holdings in iShares Russell 1000 ETF by 0.9% during the third quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock valued at $1,592,000 after purchasing an additional 43 shares in the last quarter. Finally, First Citizens Bank & Trust Co. lifted its holdings in iShares Russell 1000 ETF by 125.2% during the third quarter. First Citizens Bank & Trust Co. now owns 11,686 shares of the company’s stock valued at $3,674,000 after purchasing an additional 6,497 shares in the last quarter.

iShares Russell 1000 ETF Stock Up 0.8 %

IWB stock opened at $332.90 on Wednesday. iShares Russell 1000 ETF has a 52 week low of $265.70 and a 52 week high of $336.61. The firm has a 50-day simple moving average of $328.75 and a 200-day simple moving average of $316.02. The stock has a market capitalization of $40.86 billion, a P/E 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.