Powerhouse Assets LLC Makes New Investment in iShares Russell 1000 ETF $IWB

Powerhouse Assets LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,572 shares of the company’s stock, valued at approximately $587,000.

A number of other hedge funds have also modified their holdings of the business. Highline Wealth Partners LLC purchased a new position in iShares Russell 1000 ETF during the 3rd quarter worth $30,000. First Command Advisory Services Inc. purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at about $31,000. True Wealth Design LLC purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at about $32,000. Capital A Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the second quarter worth about $30,000. Finally, Caldwell Trust Co acquired a new stake in shares of iShares Russell 1000 ETF during the second quarter worth about $30,000.

iShares Russell 1000 ETF Stock Up 0.8%

NYSEARCA IWB opened at $359.36 on Thursday. The firm has a market cap of $44.36 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $382.34. The business’s 50-day moving average price is $370.96 and its 200 day moving average price is $370.88.

iShares Russell 1000 ETF 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.