Gilpin Wealth Management LLC Takes Position in iShares Russell 1000 ETF $IWB

Gilpin Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,756 shares of the company’s stock, valued at approximately $1,403,000. iShares Russell 1000 ETF accounts for about 1.1% of Gilpin Wealth Management LLC’s holdings, making the stock its 25th biggest position.

Several other institutional investors and hedge funds have also modified their holdings of IWB. Brighton Jones LLC lifted its holdings in shares of iShares Russell 1000 ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock valued at $58,807,000 after buying an additional 6,006 shares during the period. Revolve Wealth Partners LLC raised its holdings in iShares Russell 1000 ETF by 56.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock worth $486,000 after purchasing an additional 542 shares during the period. First Trust Advisors LP raised its holdings in iShares Russell 1000 ETF by 32.3% in the 2nd quarter. First Trust Advisors LP now owns 1,307 shares of the company’s stock worth $444,000 after purchasing an additional 319 shares during the period. Jump Financial LLC acquired a new position in iShares Russell 1000 ETF in the 2nd quarter worth about $2,403,000. Finally, Qube Research & Technologies Ltd raised its holdings in iShares Russell 1000 ETF by 18.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,418 shares of the company’s stock worth $1,161,000 after purchasing an additional 535 shares during the period.

iShares Russell 1000 ETF Trading Down 1.6%

NYSEARCA IWB opened at $396.80 on Thursday. The stock has a market capitalization of $46.68 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a twelve month low of $325.31 and a twelve month high of $415.11. The stock has a 50-day moving average of $392.77 and a 200 day moving average of $380.07.

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.