Campbell Wealth Management Makes New Investment in iShares Russell 1000 ETF (NYSEARCA:IWB)

Campbell Wealth Management acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 48,120 shares of the company’s stock, valued at approximately $15,128,000. iShares Russell 1000 ETF accounts for approximately 1.3% of Campbell Wealth Management’s investment portfolio, making the stock its 16th biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. LRI Investments LLC bought a new stake in shares of iShares Russell 1000 ETF during the first quarter valued at about $27,000. Transcendent Capital Group LLC grew its holdings in iShares Russell 1000 ETF by 76.4% during the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock worth $29,000 after acquiring an additional 42 shares during the period. Sound Income Strategies LLC grew its holdings in iShares Russell 1000 ETF by 239.3% during the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after acquiring an additional 67 shares during the period. Winch Advisory Services LLC acquired a new position in iShares Russell 1000 ETF during the third quarter worth about $30,000. Finally, Rosenberg Matthew Hamilton grew its holdings in iShares Russell 1000 ETF by 176.7% during the second quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after acquiring an additional 76 shares during the period.

iShares Russell 1000 ETF Stock Up 0.4 %

NYSEARCA:IWB opened at $313.51 on Friday. The business’s 50-day moving average price is $311.77 and its 200 day moving average price is $299.59. The firm has a market cap of $38.48 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $233.95 and a 52-week high of $321.24.

iShares Russell 1000 ETF Company 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.