12,367 Shares in iShares Russell 1000 ETF (NYSEARCA:IWB) Purchased by Nemes Rush Group LLC

Nemes Rush Group LLC bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 12,367 shares of the company’s stock, valued at approximately $3,984,000.

A number of other institutional investors have also made changes to their positions in IWB. Franklin Resources Inc. increased its holdings in shares of iShares Russell 1000 ETF by 50.1% in the fourth quarter. Franklin Resources Inc. now owns 23,728 shares of the company’s stock valued at $7,644,000 after purchasing an additional 7,924 shares during the last quarter. Alliancebernstein L.P. boosted its position in shares of iShares Russell 1000 ETF by 1.4% during the 4th quarter. Alliancebernstein L.P. now owns 19,073 shares of the company’s stock valued at $6,145,000 after purchasing an additional 257 shares in the last quarter. C M Bidwell & Associates Ltd. raised its holdings in shares of iShares Russell 1000 ETF by 0.4% during the fourth quarter. C M Bidwell & Associates Ltd. now owns 23,461 shares of the company’s stock valued at $7,558,000 after purchasing an additional 88 shares during the period. O Shaughnessy Asset Management LLC grew its holdings in shares of iShares Russell 1000 ETF by 5.7% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 11,640 shares of the company’s stock valued at $3,750,000 after buying an additional 624 shares during the last quarter. Finally, IPG Investment Advisors LLC boosted its holdings in iShares Russell 1000 ETF by 8.6% during the fourth quarter. IPG Investment Advisors LLC now owns 755 shares of the company’s stock worth $243,000 after purchasing an additional 60 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $306.74 on Tuesday. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $337.76. The firm has a market cap of $37.16 billion, a price-to-earnings ratio of 24.07 and a beta of 1.03. The business’s fifty day moving average is $323.41 and its 200 day moving average is $322.85.

iShares Russell 1000 ETF Company Profile

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.