NewSquare Capital LLC Buys 571 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

NewSquare Capital LLC raised its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 31,417 shares of the company’s stock after acquiring an additional 571 shares during the quarter. NewSquare Capital LLC’s holdings in iShares Russell 1000 ETF were worth $8,239,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWB. Mascoma Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth about $25,000. Cullen Frost Bankers Inc. bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $28,000. Baystate Wealth Management LLC increased its position in iShares Russell 1000 ETF by 70.8% during the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after purchasing an additional 51 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in iShares Russell 1000 ETF during the 3rd quarter worth approximately $34,000. Finally, Stonebridge Capital Advisors LLC increased its position in shares of iShares Russell 1000 ETF by 113.0% during the third quarter. Stonebridge Capital Advisors LLC now owns 196 shares of the company’s stock worth $46,000 after buying an additional 104 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of IWB traded up $3.25 during trading hours on Tuesday, hitting $277.99. 599,853 shares of the stock were exchanged, compared to its average volume of 733,080. iShares Russell 1000 ETF has a fifty-two week low of $221.31 and a fifty-two week high of $288.75. The business has a 50-day moving average of $281.17 and a 200-day moving average of $262.72. The firm has a market capitalization of $34.23 billion, a P/E ratio of 25.11 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.