Investors Buy Shares of iShares Russell 1000 Index (IWB) on Weakness

Traders bought shares of iShares Russell 1000 Index (NYSEARCA:IWB) on weakness during trading hours on Wednesday. $66.75 million flowed into the stock on the tick-up and $31.64 million flowed out of the stock on the tick-down, for a money net flow of $35.11 million into the stock. Of all equities tracked, iShares Russell 1000 Index had the 31st highest net in-flow for the day. iShares Russell 1000 Index traded down ($1.32) for the day and closed at $150.89

Large investors have recently modified their holdings of the business. Well Done LLC acquired a new stake in iShares Russell 1000 Index in the 1st quarter worth about $110,000. Massmutual Trust Co. FSB ADV acquired a new stake in iShares Russell 1000 Index in the 1st quarter worth about $111,000. Ballew Advisors Inc acquired a new stake in iShares Russell 1000 Index in the 1st quarter worth about $135,000. Pin Oak Investment Advisors Inc. acquired a new stake in iShares Russell 1000 Index in the 4th quarter worth about $177,000. Finally, Rainier Group Investment Advisory LLC acquired a new stake in iShares Russell 1000 Index in the 1st quarter worth about $178,000.

About iShares Russell 1000 Index

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.

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