Van Den Berg Management I Inc. Acquires Shares of 1,622 iShares Russell 1000 ETF $IWB

Van Den Berg Management I Inc. acquired a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,622 shares of the company’s stock, valued at approximately $606,000.

A number of other hedge funds also recently made changes to their positions in the business. Bank of America Corp DE raised its stake in shares of iShares Russell 1000 ETF by 14.9% during the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after purchasing an additional 616,717 shares during the period. Focus Partners Wealth increased its stake in shares of iShares Russell 1000 ETF by 12.4% during the 4th quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock worth $730,139,000 after purchasing an additional 215,456 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares Russell 1000 ETF by 1.6% during the 4th quarter. JPMorgan Chase & Co. now owns 1,342,895 shares of the company’s stock worth $501,491,000 after purchasing an additional 21,540 shares during the last quarter. BOKF NA increased its stake in shares of iShares Russell 1000 ETF by 1.3% during the 4th quarter. BOKF NA now owns 1,297,149 shares of the company’s stock worth $484,407,000 after purchasing an additional 17,096 shares during the last quarter. Finally, Allstate Corp increased its stake in shares of iShares Russell 1000 ETF by 125.4% during the 4th quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock worth $402,632,000 after purchasing an additional 599,755 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 0.6%

Shares of IWB stock opened at $409.23 on Wednesday. The company has a 50 day moving average of $396.66 and a 200-day moving average of $381.20. iShares Russell 1000 ETF has a 12-month low of $325.31 and a 12-month high of $415.11. The firm has a market cap of $48.15 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.