Arbor Wealth Advisors LLC Buys Shares of 1,684 iShares Russell 1000 ETF (NYSEARCA:IWB)

Arbor Wealth Advisors LLC bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,684 shares of the company’s stock, valued at approximately $442,000.

Several other hedge funds have also bought and sold shares of the stock. NewSquare Capital LLC raised its stake in shares of iShares Russell 1000 ETF by 1.9% during the fourth quarter. NewSquare Capital LLC now owns 31,417 shares of the company’s stock worth $8,239,000 after acquiring an additional 571 shares in the last quarter. GAMMA Investing LLC purchased a new position in shares of iShares Russell 1000 ETF during the fourth quarter worth approximately $165,000. 1900 Wealth Management LLC raised its stake in shares of iShares Russell 1000 ETF by 12.6% during the fourth quarter. 1900 Wealth Management LLC now owns 66,429 shares of the company’s stock worth $17,422,000 after acquiring an additional 7,419 shares in the last quarter. RWA Wealth Partners LLC raised its stake in shares of iShares Russell 1000 ETF by 70.0% during the fourth quarter. RWA Wealth Partners LLC now owns 11,376 shares of the company’s stock worth $2,984,000 after acquiring an additional 4,684 shares in the last quarter. Finally, Lee Danner & Bass Inc. raised its stake in shares of iShares Russell 1000 ETF by 162.1% during the fourth quarter. Lee Danner & Bass Inc. now owns 10,550 shares of the company’s stock worth $2,767,000 after acquiring an additional 6,525 shares in the last quarter.

iShares Russell 1000 ETF Trading Up 1.2 %

Shares of IWB stock traded up $3.25 during trading hours on Tuesday, hitting $277.99. 599,853 shares of the company’s stock were exchanged, compared to its average volume of 733,080. The company has a market capitalization of $34.23 billion, a PE ratio of 25.11 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $221.31 and a 12-month high of $288.75. The business’s 50 day simple moving average is $281.30 and its 200-day simple moving average is $263.02.

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.