Destination Wealth Management Purchased 4,048 Shares of iShares Russell 1000 ETF (IWB)

Destination Wealth Management Purchased 4,048 Shares of iShares Russell 1000 ETF (IWB)

Destination Wealth Management grew its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 8.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,088 shares of the company’s stock after acquiring an additional 4,048 shares during the quarter. Destination Wealth Management’s holdings in iShares Russell 1000 ETF were worth $7,224,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. JJJ Advisors Inc. acquired a new stake in shares of iShares Russell 1000 ETF in the 4th quarter worth $25,000. River Wealth Advisors LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 4th quarter worth $28,000. Horan Securities Inc. increased its stake in shares of iShares Russell 1000 ETF by 71.9% in the 4th quarter. Horan Securities Inc. now owns 263 shares of the company’s stock worth $38,000 after acquiring an additional 110 shares during the last quarter. Financial Advantage Inc. acquired a new stake in shares of iShares Russell 1000 ETF in the 4th quarter worth $40,000. Finally, Simplex Trading LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 4th quarter worth $47,000.

Shares of IWB opened at $150.80 on Tuesday. iShares Russell 1000 ETF has a 52-week low of $129.68 and a 52-week high of $164.13.

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.

Further Reading: What is a back-end load?

Related posts

Leave a Comment