Evolution Wealth Advisors LLC Makes New Investment in iShares Russell 1000 ETF (NYSEARCA:IWB)

Evolution Wealth Advisors LLC acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 789 shares of the company’s stock, valued at approximately $207,000.

Several other large investors have also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC lifted its holdings in iShares Russell 1000 ETF by 135,206.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 42,238,638 shares of the company’s stock worth $8,892,078,000 after buying an additional 42,207,421 shares in the last quarter. M&T Bank Corp lifted its stake in shares of iShares Russell 1000 ETF by 1.7% in the 3rd quarter. M&T Bank Corp now owns 2,923,123 shares of the company’s stock valued at $686,672,000 after purchasing an additional 49,597 shares during the period. LPL Financial LLC lifted its stake in shares of iShares Russell 1000 ETF by 1.8% in the 3rd quarter. LPL Financial LLC now owns 2,249,921 shares of the company’s stock valued at $528,529,000 after purchasing an additional 38,800 shares during the period. Morgan Stanley lifted its stake in shares of iShares Russell 1000 ETF by 15.9% in the 4th quarter. Morgan Stanley now owns 2,196,591 shares of the company’s stock valued at $462,427,000 after purchasing an additional 301,825 shares during the period. Finally, Catalyst Capital Advisors LLC lifted its stake in shares of iShares Russell 1000 ETF by 12.3% in the 4th quarter. Catalyst Capital Advisors LLC now owns 1,830,745 shares of the company’s stock valued at $385,408,000 after purchasing an additional 200,515 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of IWB stock traded down $2.22 during trading hours on Friday, reaching $272.26. The company had a trading volume of 533,839 shares, compared to its average volume of 737,391. The company has a 50 day moving average of $281.20 and a 200 day moving average of $262.01. The firm has a market cap of $33.53 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. iShares Russell 1000 ETF has a 1-year low of $221.31 and a 1-year high of $288.75.

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.