789 Shares in iShares Russell 1000 ETF (NYSEARCA:IWB) Acquired by Evolution Wealth Advisors LLC

Evolution Wealth Advisors LLC purchased a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 789 shares of the company’s stock, valued at approximately $207,000.

Several other hedge funds have also recently added to or reduced their stakes in IWB. Mascoma Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at $25,000. Cullen Frost Bankers Inc. bought a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at $28,000. Patriot Investment Management Group Inc. acquired a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at $28,000. Robinson Capital Management LLC acquired a new position in shares of iShares Russell 1000 ETF during the 1st quarter valued at $31,000. Finally, Baystate Wealth Management LLC increased its position in shares of iShares Russell 1000 ETF by 70.8% during the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock valued at $32,000 after purchasing an additional 51 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock traded down $2.22 during mid-day trading on Friday, hitting $272.26. 533,839 shares of the stock traded hands, compared to its average volume of 737,391. iShares Russell 1000 ETF has a twelve month low of $221.31 and a twelve month high of $288.75. The firm has a market cap of $33.53 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. The company’s 50-day simple moving average is $281.20 and its 200-day simple moving average is $262.01.

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.