

Carnegie Investment Counsel acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,322 shares of the company's stock, valued at approximately $966,000. Several other institutional investors and hedge

Fort Washington Investment Advisors Inc. OH purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,312 shares of the company's stock, valued at approximately $2,627,000. Several other institutional investors and hedge funds


The iShares Russell 1000 ETF (IWB) was launched on May 15, 2000, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.


I reaffirm a buy rating on iShares Russell 1000 ETF (IWB), citing strong fundamentals and robust technicals amid a maturing bull market. IWB's valuation remains reasonable at 20.2x earnings and a PEG ratio of 1.25x, with a portfolio shift slightly favoring value over growth. The ETF's sector allocation is dominated by Information Technology (36%), with limited exposure to resources and a modest 0.92% yield.

