Lee Danner & Bass Inc. Raises Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Lee Danner & Bass Inc. increased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWBFree Report) by 162.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,550 shares of the company’s stock after acquiring an additional 6,525 shares during the quarter. Lee Danner & Bass Inc.’s holdings in iShares Russell 1000 ETF were worth $2,767,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Mascoma Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth about $25,000. Cullen Frost Bankers Inc. acquired a new position in shares of iShares Russell 1000 ETF in the third quarter worth about $28,000. Baystate Wealth Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 70.8% in the fourth quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after acquiring an additional 51 shares in the last quarter. City Holding Co. acquired a new position in shares of iShares Russell 1000 ETF in the third quarter worth about $34,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in iShares Russell 1000 ETF during the third quarter valued at approximately $34,000.

iShares Russell 1000 ETF Trading Up 1.0 %

NYSEARCA IWB traded up $2.68 on Monday, hitting $274.89. 258,794 shares of the stock traded hands, compared to its average volume of 730,923. The stock has a 50-day moving average of $281.20 and a 200 day moving average of $262.43. iShares Russell 1000 ETF has a twelve month low of $221.31 and a twelve month high of $288.75. The company has a market capitalization of $33.85 billion, a P/E ratio of 25.11 and a beta of 1.01.

iShares Russell 1000 ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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