Wedmont Private Capital Grows Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Wedmont Private Capital raised its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 8,112 shares of the company’s stock after acquiring an additional 189 shares during the period. Wedmont Private Capital’s holdings in iShares Russell 1000 ETF were worth $2,592,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Etesian Wealth Advisors Inc. lifted its position in shares of iShares Russell 1000 ETF by 32.0% during the third quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock valued at $390,000 after purchasing an additional 301 shares in the last quarter. Mechanics Bank Trust Department purchased a new position in shares of iShares Russell 1000 ETF in the 3rd quarter worth approximately $597,000. Morton Capital Management LLC CA boosted its stake in shares of iShares Russell 1000 ETF by 0.9% in the 3rd quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock worth $1,592,000 after buying an additional 43 shares during the last quarter. First Citizens Bank & Trust Co. grew its holdings in shares of iShares Russell 1000 ETF by 125.2% in the third quarter. First Citizens Bank & Trust Co. now owns 11,686 shares of the company’s stock valued at $3,674,000 after acquiring an additional 6,497 shares in the last quarter. Finally, TSA Wealth Managment LLC increased its position in shares of iShares Russell 1000 ETF by 3.8% during the third quarter. TSA Wealth Managment LLC now owns 3,561 shares of the company’s stock valued at $1,120,000 after acquiring an additional 129 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 0.1 %

IWB stock traded down $0.46 during midday trading on Monday, hitting $319.05. The company’s stock had a trading volume of 571,114 shares, compared to its average volume of 1,033,372. The stock has a market cap of $39.16 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The stock’s 50-day moving average price is $327.76 and its 200 day moving average price is $313.88. iShares Russell 1000 ETF has a 1 year low of $258.68 and a 1 year high of $336.18.

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.