Millington Financial Advisors LLC bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 650 shares of the company’s stock, valued at approximately $227,000.
Several other hedge funds have also modified their holdings of the stock. Jones Financial Companies Lllp increased its stake in iShares Russell 1000 ETF by 5.1% in the 1st quarter. Jones Financial Companies Lllp now owns 10,240,732 shares of the company’s stock worth $3,123,735,000 after purchasing an additional 499,981 shares in the last quarter. Northern Trust Corp lifted its position in shares of iShares Russell 1000 ETF by 1.3% in the 1st quarter. Northern Trust Corp now owns 2,717,504 shares of the company’s stock valued at $833,567,000 after acquiring an additional 36,000 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in iShares Russell 1000 ETF by 2.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,880,906 shares of the company’s stock worth $576,949,000 after purchasing an additional 51,481 shares during the period. Johnson Investment Counsel Inc. grew its position in iShares Russell 1000 ETF by 3.3% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,405,034 shares of the company’s stock worth $477,107,000 after purchasing an additional 44,732 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in iShares Russell 1000 ETF by 6.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,370,878 shares of the company’s stock valued at $465,509,000 after purchasing an additional 86,539 shares during the period.
iShares Russell 1000 ETF Trading Up 0.5%
NYSEARCA:IWB opened at $374.44 on Friday. The firm has a market capitalization of $45.08 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 1-year low of $264.17 and a 1-year high of $377.77. The business’s fifty day moving average price is $367.80 and its 200 day moving average price is $351.17.
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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