Financial Management Professionals Inc. increased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Get Rating) by 29.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 143,912 shares of the company’s stock after acquiring an additional 33,081 shares during the quarter. iShares Russell 1000 ETF makes up approximately 6.2% of Financial Management Professionals Inc.’s holdings, making the stock its 4th biggest holding. Financial Management Professionals Inc. owned approximately 0.11% of iShares Russell 1000 ETF worth $30,296,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of IWB. Prudential Financial Inc. raised its stake in iShares Russell 1000 ETF by 9.4% during the first quarter. Prudential Financial Inc. now owns 32,609 shares of the company’s stock worth $8,155,000 after purchasing an additional 2,805 shares during the period. AJ Wealth Strategies LLC raised its stake in iShares Russell 1000 ETF by 161.7% during the first quarter. AJ Wealth Strategies LLC now owns 15,778 shares of the company’s stock worth $3,946,000 after purchasing an additional 9,750 shares during the period. International Assets Investment Management LLC purchased a new position in iShares Russell 1000 ETF during the first quarter worth approximately $238,000. Rosenblum Silverman Sutton S F Inc CA raised its stake in iShares Russell 1000 ETF by 13.5% during the first quarter. Rosenblum Silverman Sutton S F Inc CA now owns 10,013 shares of the company’s stock worth $2,504,000 after purchasing an additional 1,190 shares during the period. Finally, Ancora Advisors LLC raised its stake in iShares Russell 1000 ETF by 26.3% during the first quarter. Ancora Advisors LLC now owns 2,510 shares of the company’s stock worth $562,000 after purchasing an additional 523 shares during the period.
iShares Russell 1000 ETF Price Performance
NYSEARCA:IWB traded down $2.67 during trading hours on Friday, reaching $215.18. 2,112,963 shares of the company were exchanged, compared to its average volume of 849,476. The firm has a market cap of $27.16 billion, a price-to-earnings ratio of 17.92 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $192.01 and a 52-week high of $256.17. The stock has a 50 day simple moving average of $221.15 and a 200 day simple moving average of $215.21.
iShares Russell 1000 ETF 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.
- Get a free copy of the StockNews.com research report on iShares Russell 1000 ETF (IWB)
- MarketBeat Week in Review – 3/13 – 3/17
- This Small Tech With Big Growth Prospects Is Nearing A Buy Point
- Don’t Chase FedEx Higher, Wait For The Pullback
- 3 Stocks For A Defensive Tech Portfolio
- Milk the Dividends on These 3 Cash Cows
Want to see what other hedge funds are holding IWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 ETF (NYSEARCA:IWB – Get Rating).
Receive News & Ratings for iShares Russell 1000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.