40,500 Shares in iShares Russell 1000 ETF (NYSEARCA:IWB) Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC bought a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 40,500 shares of the company’s stock, valued at approximately $13,047,000.

Other hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its stake in iShares Russell 1000 ETF by 5.0% during the fourth quarter. Jones Financial Companies Lllp now owns 9,740,751 shares of the company’s stock worth $3,138,080,000 after purchasing an additional 460,808 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of iShares Russell 1000 ETF by 9.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,682,078 shares of the company’s stock valued at $1,508,378,000 after acquiring an additional 422,237 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares Russell 1000 ETF by 1.0% in the fourth quarter. LPL Financial LLC now owns 2,417,657 shares of the company’s stock valued at $778,873,000 after purchasing an additional 23,650 shares during the period. Millburn Ridgefield Corp grew its stake in iShares Russell 1000 ETF by 5.1% during the 4th quarter. Millburn Ridgefield Corp now owns 1,605,165 shares of the company’s stock worth $517,120,000 after purchasing an additional 77,537 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in iShares Russell 1000 ETF by 3.1% in the 4th quarter. Wells Fargo & Company MN now owns 1,511,222 shares of the company’s stock valued at $486,855,000 after purchasing an additional 46,053 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of iShares Russell 1000 ETF stock opened at $294.42 on Wednesday. The business has a 50-day simple moving average of $312.39 and a 200-day simple moving average of $320.82. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $337.76. The company has a market cap of $35.67 billion, a PE ratio of 24.07 and a beta of 1.03.

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.