Joel Isaacson & Co. LLC Makes New $2.85 Million Investment in iShares Russell 1000 ETF $IWB

Joel Isaacson & Co. LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 6,859 shares of the company’s stock, valued at approximately $2,854,000.

Several other hedge funds have also added to or reduced their stakes in IWB. Lido Advisors LLC bought a new position in iShares Russell 1000 ETF during the third quarter worth about $107,994,000. Bank of America Corp DE grew its stake in iShares Russell 1000 ETF by 4.9% in the first quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock valued at $1,838,275,000 after acquiring an additional 240,695 shares during the period. AMG National Trust Bank acquired a new position in iShares Russell 1000 ETF in the third quarter valued at about $98,073,000. WASHINGTON TRUST Co acquired a new position in iShares Russell 1000 ETF in the third quarter valued at about $76,632,000. Finally, Catalyst Capital Advisors LLC increased its holdings in shares of iShares Russell 1000 ETF by 12.2% in the first quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock worth $585,376,000 after acquiring an additional 179,128 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $415.99 on Thursday. The company has a market capitalization of $48.25 billion, a P/E ratio of 23.22 and a beta of 1.01. The business has a 50-day moving average of $417.97 and a two-hundred day moving average of $399.92. iShares Russell 1000 ETF has a 1 year low of $345.21 and a 1 year high of $427.04.

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.