Obermeyer Wealth Partners Purchases New Shares in iShares Russell 1000 ETF $IWB

Obermeyer Wealth Partners purchased a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,733 shares of the company’s stock, valued at approximately $721,000.

Other large investors also recently bought and sold shares of the company. Fifth Third Bancorp lifted its position in shares of iShares Russell 1000 ETF by 145.7% during the first quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock worth $303,069,000 after purchasing an additional 504,045 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of iShares Russell 1000 ETF by 4.9% in the first quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock valued at $1,838,275,000 after purchasing an additional 240,695 shares during the period. Catalyst Capital Advisors LLC grew its holdings in iShares Russell 1000 ETF by 12.2% during the 1st quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock valued at $585,376,000 after purchasing an additional 179,128 shares in the last quarter. McKinley Carter Wealth Services Inc. acquired a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at $67,403,000. Finally, Aspiriant LLC acquired a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at $50,459,000.

iShares Russell 1000 ETF Price Performance

iShares Russell 1000 ETF stock opened at $422.30 on Thursday. iShares Russell 1000 ETF has a 12-month low of $345.21 and a 12-month high of $427.04. The company has a market capitalization of $49.20 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The firm’s fifty day moving average price is $419.98 and its 200 day moving average price is $408.44.

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.