Independence Bank of Kentucky Acquires 2,302 Shares of iShares Russell 1000 ETF $IWB

Independence Bank of Kentucky increased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 491.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,770 shares of the company’s stock after acquiring an additional 2,302 shares during the quarter. Independence Bank of Kentucky’s holdings in iShares Russell 1000 ETF were worth $1,134,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. REAP Financial Group LLC acquired a new stake in iShares Russell 1000 ETF during the 4th quarter valued at $28,000. Sound Income Strategies LLC acquired a new position in shares of iShares Russell 1000 ETF in the first quarter valued at $28,000. Advocate Investing Services LLC acquired a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at $31,000. Wagner Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the first quarter valued at about $32,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth about $44,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $416.56 on Wednesday. The company has a market capitalization of $49.24 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The company has a 50-day simple moving average of $413.39 and a 200 day simple moving average of $395.21. iShares Russell 1000 ETF has a 52 week low of $345.21 and a 52 week high of $426.92.

iShares Russell 1000 ETF Company 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.