QRG Capital Management Inc. Acquires 18,583 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

QRG Capital Management Inc. grew its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 661.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,391 shares of the company’s stock after buying an additional 18,583 shares during the period. QRG Capital Management Inc.’s holdings in iShares Russell 1000 ETF were worth $6,891,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWB. Clarkston Capital Partners LLC bought a new position in shares of iShares Russell 1000 ETF in the 3rd quarter worth $32,000. Golden State Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the 4th quarter worth $37,000. Crews Bank & Trust bought a new position in shares of iShares Russell 1000 ETF in the 4th quarter worth $37,000. Archer Investment Corp bought a new position in shares of iShares Russell 1000 ETF in the 3rd quarter worth $37,000. Finally, Centricity Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the 4th quarter worth $39,000.

iShares Russell 1000 ETF Stock Up 1.6 %

Shares of IWB opened at $326.39 on Friday. The business’s fifty day moving average is $329.40 and its 200 day moving average is $321.52. iShares Russell 1000 ETF has a 12-month low of $271.54 and a 12-month high of $337.76. The stock 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.