SB Capital Management Inc Takes Position in iShares Russell 1000 ETF $IWB

SB Capital Management Inc bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,027 shares of the company’s stock, valued at approximately $2,251,000. iShares Russell 1000 ETF comprises approximately 0.8% of SB Capital Management Inc’s investment portfolio, making the stock its 28th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Lansing Street Advisors lifted its position in shares of iShares Russell 1000 ETF by 0.3% during the 3rd quarter. Lansing Street Advisors now owns 10,256 shares of the company’s stock worth $3,748,000 after purchasing an additional 27 shares during the last quarter. Optivise Advisory Services LLC grew its holdings in iShares Russell 1000 ETF by 0.6% in the 4th quarter. Optivise Advisory Services LLC now owns 4,432 shares of the company’s stock valued at $1,655,000 after buying an additional 27 shares during the last quarter. Oak Harbor Wealth Partners LLC grew its holdings in iShares Russell 1000 ETF by 15.2% in the 4th quarter. Oak Harbor Wealth Partners LLC now owns 205 shares of the company’s stock valued at $77,000 after buying an additional 27 shares during the last quarter. Waterfront Wealth Inc. increased its position in iShares Russell 1000 ETF by 0.9% in the 4th quarter. Waterfront Wealth Inc. now owns 3,095 shares of the company’s stock worth $1,175,000 after buying an additional 29 shares during the period. Finally, Flagship Private Wealth LLC increased its position in iShares Russell 1000 ETF by 2.1% in the 4th quarter. Flagship Private Wealth LLC now owns 1,396 shares of the company’s stock worth $521,000 after buying an additional 29 shares during the period.

iShares Russell 1000 ETF Stock Up 1.1%

Shares of IWB stock opened at $408.41 on Friday. iShares Russell 1000 ETF has a 12 month low of $325.31 and a 12 month high of $415.11. The firm has a market cap of $48.05 billion, a PE ratio of 24.71 and a beta of 1.00. The stock has a 50 day moving average of $398.45 and a 200-day moving average of $381.67.

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.