Novare Capital Management LLC Acquires New Position in iShares Russell 1000 ETF $IWB

Novare Capital Management LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 632 shares of the company’s stock, valued at approximately $214,000.

Other institutional investors have also recently made changes to their positions in the company. Rossby Financial LCC acquired a new position in shares of iShares Russell 1000 ETF in the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF in the first quarter valued at approximately $28,000. Woodside Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF in the first quarter valued at approximately $30,000. Brooklyn Investment Group purchased a new position in iShares Russell 1000 ETF in the first quarter worth approximately $33,000. Finally, eCIO Inc. purchased a new position in iShares Russell 1000 ETF in the first quarter worth approximately $36,000.

iShares Russell 1000 ETF Stock Up 0.5%

Shares of iShares Russell 1000 ETF stock opened at $364.57 on Friday. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $369.87. The company has a 50 day moving average of $359.69 and a 200 day moving average of $335.71. The company has a market capitalization of $43.62 billion, a P/E ratio of 24.71 and a beta of 1.01.

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.