Spartan Wealth Advisory Services LLC Makes New $542,000 Investment in iShares Russell 1000 ETF $IWB

Spartan Wealth Advisory Services LLC purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,519 shares of the company’s stock, valued at approximately $542,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Optivise Advisory Services LLC raised its stake in shares of iShares Russell 1000 ETF by 0.6% during the 4th quarter. Optivise Advisory Services LLC now owns 4,432 shares of the company’s stock worth $1,655,000 after acquiring an additional 27 shares in the last quarter. Oak Harbor Wealth Partners LLC boosted its stake in iShares Russell 1000 ETF by 15.2% in the fourth quarter. Oak Harbor Wealth Partners LLC now owns 205 shares of the company’s stock valued at $77,000 after acquiring an additional 27 shares in the last quarter. Waterfront Wealth Inc. grew its holdings in iShares Russell 1000 ETF by 0.9% in the fourth quarter. Waterfront Wealth Inc. now owns 3,095 shares of the company’s stock worth $1,175,000 after purchasing an additional 29 shares during the last quarter. Flagship Private Wealth LLC grew its holdings in iShares Russell 1000 ETF by 2.1% in the fourth quarter. Flagship Private Wealth LLC now owns 1,396 shares of the company’s stock worth $521,000 after purchasing an additional 29 shares during the last quarter. Finally, Lansing Street Advisors grew its holdings in iShares Russell 1000 ETF by 0.3% in the fourth quarter. Lansing Street Advisors now owns 10,286 shares of the company’s stock worth $3,841,000 after purchasing an additional 30 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $406.71 on Monday. iShares Russell 1000 ETF has a 12-month low of $340.11 and a 12-month high of $415.11. The business’s fifty day simple moving average is $407.20 and its 200-day simple moving average is $386.62. The company has a market cap of $48.03 billion, a PE ratio of 24.71 and a beta of 1.00.

iShares Russell 1000 ETF 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.