iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Bought by Mainstay Capital Management LLC ADV

Mainstay Capital Management LLC ADV increased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 40.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 11,286 shares of the company’s stock after purchasing an additional 3,229 shares during the period. iShares Russell 1000 ETF accounts for approximately 0.6% of Mainstay Capital Management LLC ADV’s investment portfolio, making the stock its 9th biggest holding. Mainstay Capital Management LLC ADV’s holdings in iShares Russell 1000 ETF were worth $3,636,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Clarkston Capital Partners LLC bought a new stake in shares of iShares Russell 1000 ETF in the third quarter worth $32,000. Golden State Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the fourth quarter valued at $37,000. Crews Bank & Trust bought a new stake in iShares Russell 1000 ETF during the fourth quarter valued at $37,000. Archer Investment Corp bought a new stake in iShares Russell 1000 ETF during the third quarter valued at $37,000. Finally, Centricity Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the fourth quarter valued at $39,000.

iShares Russell 1000 ETF Trading Down 1.8 %

Shares of IWB opened at $329.73 on Monday. The stock has a market capitalization of $40.47 billion, a P/E ratio of 24.68 and a beta of 1.01. The firm’s fifty day simple moving average is $329.51 and its two-hundred day simple moving average is $320.74. iShares Russell 1000 ETF has a 12 month low of $271.54 and a 12 month high of $337.76.

iShares Russell 1000 ETF 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.