Foundation Wealth Management LLC PA Takes $2.22 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Foundation Wealth Management LLC PA purchased a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,899 shares of the company’s stock, valued at approximately $2,223,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Sellwood Investment Partners LLC purchased a new position in iShares Russell 1000 ETF in the 4th quarter worth approximately $2,155,000. Financial Engines Advisors L.L.C. lifted its position in iShares Russell 1000 ETF by 23.0% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 21,495 shares of the company’s stock worth $6,925,000 after buying an additional 4,016 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its stake in iShares Russell 1000 ETF by 12.8% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 1,652 shares of the company’s stock worth $532,000 after buying an additional 187 shares during the last quarter. WorthPointe LLC grew its holdings in iShares Russell 1000 ETF by 15.6% in the 4th quarter. WorthPointe LLC now owns 2,689 shares of the company’s stock valued at $866,000 after buying an additional 363 shares in the last quarter. Finally, GQG Partners LLC increased its stake in shares of iShares Russell 1000 ETF by 1,554.3% in the 4th quarter. GQG Partners LLC now owns 11,646 shares of the company’s stock worth $3,752,000 after acquiring an additional 10,942 shares during the last quarter.

iShares Russell 1000 ETF Trading Down 1.2 %

Shares of IWB stock opened at $312.46 on Thursday. iShares Russell 1000 ETF has a twelve month low of $271.54 and a twelve month high of $337.76. The company’s 50-day moving average price is $324.65 and its 200-day moving average price is $322.59. The stock has a market cap of $37.39 billion, a price-to-earnings ratio of 24.45 and a beta of 1.03.

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.