May Hill Capital LLC Purchases New Shares in iShares Russell 1000 ETF (NYSEARCA:IWB)

May Hill Capital LLC acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, Holdings Channel.com reports. The fund acquired 86,015 shares of the company’s stock, valued at approximately $27,710,000. iShares Russell 1000 ETF makes up 10.7% of May Hill Capital LLC’s holdings, making the stock its 2nd biggest position.

Other hedge funds have also bought and sold shares of the company. Millstone Evans Group LLC bought a new position in iShares Russell 1000 ETF in the 4th quarter valued at $29,000. Crews Bank & Trust purchased a new stake in shares of iShares Russell 1000 ETF during the fourth quarter valued at $37,000. Golden State Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth about $37,000. Centricity Wealth Management LLC purchased a new position in iShares Russell 1000 ETF in the 4th quarter worth about $39,000. Finally, Kestra Investment Management LLC bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at about $39,000.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $306.74 on Tuesday. The company has a market capitalization of $37.16 billion, a PE ratio of 24.07 and a beta of 1.03. The company has a 50 day moving average price of $323.41 and a 200-day moving average price of $322.85. iShares Russell 1000 ETF has a fifty-two week low of $271.54 and a fifty-two week high of $337.76.

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.