Stephens Consulting LLC Purchases Shares of 435 iShares Russell 1000 ETF $IWB

Stephens Consulting LLC purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 435 shares of the company’s stock, valued at approximately $148,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rossby Financial LCC acquired a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $28,000. Woodside Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $30,000. Brooklyn Investment Group acquired a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $33,000. Finally, eCIO Inc. acquired a new stake in shares of iShares Russell 1000 ETF in the first quarter valued at about $36,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $358.39 on Monday. The stock’s 50-day simple moving average is $358.02 and its 200 day simple moving average is $333.93. The company has a market cap of $42.59 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $369.87.

About iShares Russell 1000 ETF

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.