B. Riley Wealth Advisors Inc. Acquires 426 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

B. Riley Wealth Advisors Inc. grew its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 18,719 shares of the company’s stock after acquiring an additional 426 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares Russell 1000 ETF were worth $5,853,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Transcendent Capital Group LLC increased its position in shares of iShares Russell 1000 ETF by 76.4% during the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock worth $29,000 after purchasing an additional 42 shares in the last quarter. Sound Income Strategies LLC grew its stake in iShares Russell 1000 ETF by 239.3% during the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after buying an additional 67 shares during the last quarter. Winch Advisory Services LLC acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter worth approximately $30,000. Clarkston Capital Partners LLC bought a new position in shares of iShares Russell 1000 ETF in the third quarter valued at approximately $32,000. Finally, Rosenberg Matthew Hamilton boosted its holdings in shares of iShares Russell 1000 ETF by 176.7% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after acquiring an additional 76 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $333.03 on Friday. The business has a fifty day moving average price of $324.38 and a 200 day moving average price of $309.32. iShares Russell 1000 ETF has a fifty-two week low of $257.07 and a fifty-two week high of $336.18. The stock has a market capitalization of $40.88 billion, a price-to-earnings ratio of 24.68 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.