Paul R. Ried Financial Group LLC Raises Position in iShares Russell 1000 ETF $IWB

Paul R. Ried Financial Group LLC grew its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,921 shares of the company’s stock after acquiring an additional 137 shares during the period. iShares Russell 1000 ETF comprises approximately 1.2% of Paul R. Ried Financial Group LLC’s portfolio, making the stock its 16th largest position. Paul R. Ried Financial Group LLC’s holdings in iShares Russell 1000 ETF were worth $2,011,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IWB. Brooklyn Investment Group acquired a new position in iShares Russell 1000 ETF during the 1st quarter worth $33,000. eCIO Inc. purchased a new position in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $36,000. RMG Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF in the second quarter valued at approximately $45,000. Oliver Lagore Vanvalin Investment Group purchased a new position in iShares Russell 1000 ETF in the second quarter worth approximately $49,000. Finally, Fiduciary Wealth Partners LLC purchased a new position in iShares Russell 1000 ETF in the first quarter worth approximately $45,000.

iShares Russell 1000 ETF Trading Down 0.0%

Shares of NYSEARCA:IWB opened at $367.88 on Friday. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $377.77. The company’s 50 day moving average is $366.80 and its two-hundred day moving average is $347.32. The company has a market cap of $44.29 billion, a PE ratio of 24.71 and a beta of 1.01.

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.