6,773 Shares in iShares Russell 1000 ETF $IWB Purchased by Rede Wealth LLC

Rede Wealth LLC bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, Holdings Channel reports. The firm bought 6,773 shares of the company’s stock, valued at approximately $2,475,000. iShares Russell 1000 ETF makes up 1.9% of Rede Wealth LLC’s investment portfolio, making the stock its 11th biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $30,000. Capital A Wealth Management LLC purchased a new position in iShares Russell 1000 ETF in the 2nd quarter valued at approximately $30,000. Caldwell Trust Co acquired a new position in iShares Russell 1000 ETF during the second quarter worth $30,000. Absher Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF during the third quarter worth $33,000. Finally, Cary Street Partners Investment Advisory LLC grew its holdings in iShares Russell 1000 ETF by 75.0% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 91 shares of the company’s stock valued at $31,000 after purchasing an additional 39 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 0.4%

Shares of IWB stock opened at $376.75 on Tuesday. The stock has a market cap of $45.36 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $378.86. The business has a fifty day simple moving average of $371.68 and a 200-day simple moving average of $358.62.

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.