Elk River Wealth Management LLC Has $4.51 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Elk River Wealth Management LLC increased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,990 shares of the company’s stock after acquiring an additional 912 shares during the period. Elk River Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $4,507,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Clarkston Capital Partners LLC acquired a new position in iShares Russell 1000 ETF in the third quarter valued at about $32,000. Archer Investment Corp acquired a new position in iShares Russell 1000 ETF in the third quarter valued at about $37,000. Crews Bank & Trust acquired a new position in iShares Russell 1000 ETF in the fourth quarter valued at about $37,000. Golden State Wealth Management LLC acquired a new position in iShares Russell 1000 ETF in the fourth quarter valued at about $37,000. Finally, Kestra Investment Management LLC acquired a new position in shares of iShares Russell 1000 ETF during the fourth quarter worth approximately $39,000.

iShares Russell 1000 ETF Trading Up 0.2 %

Shares of IWB stock opened at $337.54 on Thursday. iShares Russell 1000 ETF has a 1 year low of $271.54 and a 1 year high of $337.76. The firm’s 50 day moving average is $329.47 and its 200-day moving average is $319.68. The firm has a market capitalization of $41.43 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.