Oppenheimer & Co. Inc. Purchases New Holdings in iShares Russell 1000 ETF $IWB

Oppenheimer & Co. Inc. purchased a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,653 shares of the company’s stock, valued at approximately $1,936,000.

A number of other hedge funds also recently modified their holdings of the stock. MCF Advisors LLC lifted its stake in iShares Russell 1000 ETF by 127.6% in the second quarter. MCF Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 37 shares during the last quarter. Sound Income Strategies LLC purchased a new stake in iShares Russell 1000 ETF in the first quarter worth $28,000. Planning Strategies Inc. purchased a new stake in iShares Russell 1000 ETF in the third quarter worth $30,000. Coppell Advisory Solutions LLC purchased a new stake in iShares Russell 1000 ETF in the second quarter worth $36,000. Finally, North Point Portfolio Managers Corp OH purchased a new stake in iShares Russell 1000 ETF in the third quarter worth $38,000.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $413.05 on Friday. The firm has a market cap of $48.12 billion, a PE ratio of 24.71 and a beta of 1.00. The stock’s fifty day moving average price is $419.39 and its two-hundred day moving average price is $398.60. iShares Russell 1000 ETF has a 1 year low of $345.21 and a 1 year high of $427.04.

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.