iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Acquired by Fountainhead AM LLC

Fountainhead AM LLC raised its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 6.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 203,718 shares of the company’s stock after acquiring an additional 12,667 shares during the quarter. iShares Russell 1000 ETF makes up about 14.7% of Fountainhead AM LLC’s investment portfolio, making the stock its largest holding. Fountainhead AM LLC owned 0.16% of iShares Russell 1000 ETF worth $53,427,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC lifted its stake in iShares Russell 1000 ETF by 169.6% in the third quarter. Kingsview Wealth Management LLC now owns 4,467 shares of the company’s stock valued at $1,049,000 after acquiring an additional 2,810 shares during the last quarter. Advance Capital Management Inc. lifted its stake in iShares Russell 1000 ETF by 3.8% in the fourth quarter. Advance Capital Management Inc. now owns 35,540 shares of the company’s stock valued at $9,321,000 after acquiring an additional 1,285 shares during the last quarter. Dynamic Advisor Solutions LLC raised its position in shares of iShares Russell 1000 ETF by 20.6% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 16,271 shares of the company’s stock valued at $4,197,000 after purchasing an additional 2,784 shares during the period. Klingenstein Fields & Co. LP bought a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at about $212,000. Finally, QRG Capital Management Inc. bought a new position in shares of iShares Russell 1000 ETF in the third quarter valued at about $528,000.

iShares Russell 1000 ETF Stock Up 1.2 %

Shares of IWB traded up $3.25 during trading hours on Tuesday, hitting $277.99. The company had a trading volume of 599,853 shares, compared to its average volume of 733,080. The firm has a market cap of $34.23 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. The business has a fifty day moving average of $281.30 and a 200-day moving average of $263.02. iShares Russell 1000 ETF has a 12 month low of $221.31 and a 12 month high of $288.75.

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.