Calton & Associates Inc. Acquires 12,321 Shares in iShares Russell 1000 ETF

On October 21, 2024, Calton & Associates Inc. announced the acquisition of a new stake in the iShares Russell 1000 ETF (NYSEARCA:IWB) during the third quarter, as reported in their recent 13F filing with the Securities and Exchange Commission. The institutional investor added 12,321 shares of the ETF, which is valued at approximately $3,874,000.

Other institutional investors and hedge funds have also recently made adjustments to their holdings in the iShares Russell 1000 ETF. For instance, Cypress Wealth Services LLC increased its position by 0.7% in the third quarter, now holding 4,960 shares worth $1,559,000 after purchasing an additional 33 shares. Similarly, WealthPLAN Partners LLC grew its stake by 2.1% in the second quarter, now owning 1,703 shares valued at $507,000 after acquiring 35 more shares.

Additionally, Evensky & Katz LLC saw a 0.3% rise in its holdings during the third quarter, bringing their total shares to 10,201, valued at $3,207,000 after purchasing an extra 35 shares. Capital Advisors Wealth Management LLC also raised its position by 1.8% in the first quarter, now owning 2,041 shares worth $588,000 following the acquisition of 36 shares. Lastly, Allspring Global Investments Holdings LLC increased its holdings by an impressive 23.3% during the third quarter, now owning 196 shares valued at $62,000 after adding 37 shares in the previous quarter.

Performance of iShares Russell 1000 ETF

As of the latest trading session, the iShares Russell 1000 ETF was priced at $320.80. The ETF has experienced a 52-week range with a low of $224.41 and a high of $321.24. The stock's performance can be further analyzed through its 50-day simple moving average of $308.81 and a 200-day simple moving average of $297.42. The ETF currently boasts a market capitalization of $39.38 billion and a price-to-earnings ratio of 24.68, with a beta of 1.01.

About iShares Russell 1000 ETF

The iShares Russell 1000 ETF, formerly known as the iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF) that aims to track the investment results corresponding to the price and yield performance of the Russell 1000 Index. This index measures the performance of the large-capitalization sector of the U.S. equity market and includes securities issued by roughly the 1,000 largest companies within the Russell 3000 Index.

Acquisition, ETF, Investments