Black Diamond Financial LLC Takes Position in iShares Russell 1000 ETF $IWB

Black Diamond Financial LLC bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to its most recent filing with the SEC. The firm bought 1,618 shares of the company’s stock, valued at approximately $591,000.

Several other large investors also recently bought and sold shares of IWB. Jones Financial Companies Lllp raised its holdings in shares of iShares Russell 1000 ETF by 3.9% in the third quarter. Jones Financial Companies Lllp now owns 11,256,502 shares of the company’s stock worth $4,092,759,000 after buying an additional 427,736 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of iShares Russell 1000 ETF by 14.9% during the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after buying an additional 616,717 shares during the last quarter. M&T Bank Corp increased its position in shares of iShares Russell 1000 ETF by 4.0% in the 2nd quarter. M&T Bank Corp now owns 2,923,970 shares of the company’s stock valued at $992,892,000 after acquiring an additional 112,152 shares during the period. Johnson Investment Counsel Inc. increased its position in shares of iShares Russell 1000 ETF by 3.3% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,405,034 shares of the company’s stock valued at $477,107,000 after acquiring an additional 44,732 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in iShares Russell 1000 ETF by 6.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,370,878 shares of the company’s stock worth $465,509,000 after acquiring an additional 86,539 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $375.69 on Thursday. The stock has a 50-day moving average of $376.42 and a two-hundred day moving average of $366.13. The stock has a market cap of $46.38 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $382.34.

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.