iShares Russell 1000 ETF (NYSEARCA:IWB) Stock Position Lifted by RMR Wealth Builders

RMR Wealth Builders boosted its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 27.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,646 shares of the company’s stock after acquiring an additional 350 shares during the period. RMR Wealth Builders’ holdings in iShares Russell 1000 ETF were worth $530,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWB. Healthcare of Ontario Pension Plan Trust Fund grew its position in iShares Russell 1000 ETF by 398.0% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock valued at $313,132,000 after purchasing an additional 796,000 shares in the last quarter. International Assets Investment Management LLC lifted its stake in iShares Russell 1000 ETF by 26,328.0% in the third quarter. International Assets Investment Management LLC now owns 605,201 shares of the company’s stock valued at $190,269,000 after acquiring an additional 602,911 shares during the last quarter. Millennium Management LLC lifted its stake in iShares Russell 1000 ETF by 4,016.4% in the second quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock valued at $106,373,000 after acquiring an additional 348,824 shares during the last quarter. Financial Advocates Investment Management acquired a new stake in iShares Russell 1000 ETF in the third quarter valued at approximately $28,903,000. Finally, Wilmington Savings Fund Society FSB lifted its stake in iShares Russell 1000 ETF by 1,020.3% in the third quarter. Wilmington Savings Fund Society FSB now owns 85,645 shares of the company’s stock valued at $26,926,000 after acquiring an additional 78,000 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 1.5 %

NYSEARCA IWB opened at $319.51 on Friday. The stock has a market capitalization of $39.22 billion, a PE ratio of 24.68 and a beta of 1.01. The company has a 50 day moving average price of $327.76 and a two-hundred day moving average price of $313.66. iShares Russell 1000 ETF has a 12-month low of $258.68 and a 12-month high of $336.18.

About iShares Russell 1000 ETF

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.