Plancorp LLC Makes New Investment in iShares Russell 1000 ETF $IWB

Plancorp LLC purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, HoldingsChannel reports. The fund purchased 12,871 shares of the company’s stock, valued at approximately $5,316,000.

Other hedge funds have also recently bought and sold shares of the company. Droms Strauss Advisors Inc. MO ADV bought a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at about $442,000. Ashton Thomas Private Wealth LLC increased its stake in iShares Russell 1000 ETF by 8.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 18,775 shares of the company’s stock valued at $7,813,000 after acquiring an additional 1,480 shares during the period. Bayshore Capital Advisors LLC bought a new position in iShares Russell 1000 ETF during the third quarter valued at about $7,682,000. International Assets Investment Management LLC raised its holdings in iShares Russell 1000 ETF by 16.0% in the 3rd quarter. International Assets Investment Management LLC now owns 632 shares of the company’s stock valued at $264,000 after acquiring an additional 87 shares in the last quarter. Finally, Heritage Family Offices LLP acquired a new position in iShares Russell 1000 ETF in the 3rd quarter valued at approximately $65,000.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB traded up $1.52 during trading on Friday, hitting $402.58. 515,623 shares of the stock were exchanged, compared to its average volume of 980,728. iShares Russell 1000 ETF has a 1-year low of $345.21 and a 1-year high of $427.04. The company has a market capitalization of $46.58 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The company’s fifty day simple moving average is $418.34 and its 200-day simple moving average is $399.39.

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.