iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Purchased by Modern Wealth Management LLC

Modern Wealth Management LLC raised its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 19.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,358 shares of the company’s stock after acquiring an additional 224 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $453,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Citigroup Inc. boosted its position in iShares Russell 1000 ETF by 2.1% during the 3rd quarter. Citigroup Inc. now owns 17,910 shares of the company’s stock worth $5,631,000 after acquiring an additional 366 shares during the period. Fisher Asset Management LLC lifted its holdings in iShares Russell 1000 ETF by 272.9% in the third quarter. Fisher Asset Management LLC now owns 2,987 shares of the company’s stock worth $939,000 after purchasing an additional 2,186 shares during the period. D.A. Davidson & CO. grew its position in iShares Russell 1000 ETF by 0.8% in the 3rd quarter. D.A. Davidson & CO. now owns 11,124 shares of the company’s stock valued at $3,497,000 after buying an additional 87 shares in the last quarter. BNP Paribas Financial Markets increased its stake in iShares Russell 1000 ETF by 4.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 24,542 shares of the company’s stock valued at $7,716,000 after buying an additional 1,151 shares during the period. Finally, Cadence Bank bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth about $1,440,000.

iShares Russell 1000 ETF Trading Down 0.4 %

Shares of NYSEARCA:IWB opened at $311.24 on Friday. The company has a 50 day moving average of $324.35 and a 200-day moving average of $322.51. The firm has a market cap of $37.24 billion, a P/E ratio of 24.45 and a beta of 1.03. iShares Russell 1000 ETF has a twelve month low of $271.54 and a twelve month high of $337.76.

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.