11,578 Shares of iShares Russell 1000 ETF $IWB Acquired by Philadelphia Trust Co.

Philadelphia Trust Co. bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 11,578 shares of the company’s stock, valued at approximately $4,818,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. MCF Advisors LLC boosted its position in shares of 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 acquiring an additional 37 shares during the period. Livelsberger Financial Advisory bought a new stake in iShares Russell 1000 ETF during the 3rd quarter worth approximately $30,000. Planning Strategies Inc. bought a new stake in iShares Russell 1000 ETF during the 3rd quarter worth approximately $30,000. Oakworth Capital Inc. purchased a new stake in iShares Russell 1000 ETF in the 3rd quarter worth approximately $35,000. Finally, Coppell Advisory Solutions LLC purchased a new stake in iShares Russell 1000 ETF in the 2nd quarter worth approximately $36,000.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA:IWB opened at $410.85 on Wednesday. The firm has a fifty day moving average price of $417.98 and a two-hundred day moving average price of $399.73. iShares Russell 1000 ETF has a one year low of $345.21 and a one year high of $427.04. The company has a market cap of $47.58 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.