Maple Capital Management Inc. Has $489,000 Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Maple Capital Management Inc. raised its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 26.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,518 shares of the company’s stock after purchasing an additional 318 shares during the quarter. Maple Capital Management Inc.’s holdings in iShares Russell 1000 ETF were worth $489,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Clarkston Capital Partners LLC bought a new position in iShares Russell 1000 ETF during the 3rd quarter valued at $32,000. Golden State Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at $37,000. Crews Bank & Trust purchased a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at $37,000. Archer Investment Corp purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at $37,000. Finally, Centricity Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at $39,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $326.39 on Friday. The business has a 50-day moving average of $329.40 and a 200 day moving average of $321.52. iShares Russell 1000 ETF has a fifty-two week low of $271.54 and a fifty-two week high of $337.76. The firm has a market cap of $38.74 billion, a P/E ratio of 26.23 and a beta of 1.03.

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.