Stronghold Wealth Management L.L.C. Invests $863,000 in iShares Russell 1000 ETF $IWB

Stronghold Wealth Management L.L.C. acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 2,311 shares of the company’s stock, valued at approximately $863,000. iShares Russell 1000 ETF accounts for 1.3% of Stronghold Wealth Management L.L.C.’s holdings, making the stock its 15th largest position.

Several other large investors have also recently modified their holdings of the stock. Jones Financial Companies Lllp increased 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 period. Bank of America Corp DE increased its stake in shares of iShares Russell 1000 ETF by 14.9% in the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after buying an additional 616,717 shares during the period. Focus Partners Wealth increased its stake in shares of iShares Russell 1000 ETF by 86.1% in the third quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock worth $635,852,000 after buying an additional 805,083 shares during the period. Johnson Investment Counsel Inc. increased its stake in shares of iShares Russell 1000 ETF by 1.5% in the third quarter. Johnson Investment Counsel Inc. now owns 1,426,322 shares of the company’s stock worth $521,292,000 after buying an additional 21,288 shares during the period. Finally, BOKF NA increased its stake in shares of iShares Russell 1000 ETF by 1.3% in the fourth quarter. BOKF NA now owns 1,297,149 shares of the company’s stock worth $484,407,000 after buying an additional 17,096 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB opened at $402.47 on Monday. iShares Russell 1000 ETF has a 52 week low of $316.35 and a 52 week high of $408.38. The firm’s fifty day moving average is $376.55 and its 200 day moving average is $375.30. The company has a market cap of $47.35 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.