Synergy Investment Management LLC Makes New Investment in iShares Russell 1000 ETF (NYSEARCA:IWB)

Synergy Investment Management LLC acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,226 shares of the company’s stock, valued at approximately $717,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Jones Financial Companies Lllp boosted its stake in iShares Russell 1000 ETF by 5.0% during the fourth quarter. Jones Financial Companies Lllp now owns 9,740,751 shares of the company’s stock worth $3,138,080,000 after buying an additional 460,808 shares in the last quarter. LPL Financial LLC boosted its position in shares of iShares Russell 1000 ETF by 2.2% during the 3rd quarter. LPL Financial LLC now owns 2,394,007 shares of the company’s stock valued at $752,652,000 after acquiring an additional 52,616 shares in the last quarter. Millburn Ridgefield Corp increased its stake in iShares Russell 1000 ETF by 5.1% in the fourth quarter. Millburn Ridgefield Corp now owns 1,605,165 shares of the company’s stock valued at $517,120,000 after acquiring an additional 77,537 shares during the period. Pathstone Holdings LLC raised its position in iShares Russell 1000 ETF by 0.4% in the third quarter. Pathstone Holdings LLC now owns 1,147,674 shares of the company’s stock worth $360,544,000 after purchasing an additional 4,412 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its stake in iShares Russell 1000 ETF by 398.0% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock worth $313,132,000 after purchasing an additional 796,000 shares during the period.

iShares Russell 1000 ETF Trading Down 1.8 %

NYSEARCA IWB opened at $320.54 on Tuesday. iShares Russell 1000 ETF has a 1-year low of $271.54 and a 1-year high of $337.76. The company has a market capitalization of $38.05 billion, a price-to-earnings ratio of 26.23 and a beta of 1.03. The stock’s 50 day moving average is $329.27 and its two-hundred day moving average is $321.98.

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.