J.Safra Asset Management Corp acquired a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund acquired 11,765 shares of the company’s stock, valued at approximately $4,393,000.
Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in iShares Russell 1000 ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock worth $58,807,000 after acquiring an additional 6,006 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of iShares Russell 1000 ETF by 56.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock valued at $486,000 after purchasing an additional 542 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of iShares Russell 1000 ETF by 32.3% during the second quarter. First Trust Advisors LP now owns 1,307 shares of the company’s stock valued at $444,000 after purchasing an additional 319 shares during the last quarter. Jump Financial LLC bought a new stake in shares of iShares Russell 1000 ETF in the 2nd quarter worth approximately $2,403,000. Finally, Qube Research & Technologies Ltd grew its stake in shares of iShares Russell 1000 ETF by 18.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,418 shares of the company’s stock worth $1,161,000 after buying an additional 535 shares during the last quarter.
iShares Russell 1000 ETF Trading Down 1.6%
Shares of NYSEARCA:IWB opened at $396.80 on Thursday. The stock has a fifty day simple moving average of $392.77 and a two-hundred day simple moving average of $380.07. The stock has a market capitalization of $46.68 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 12-month low of $325.31 and a 12-month high of $415.11.
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.
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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 – Free Report).
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