NorthRock Partners LLC Boosts Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

NorthRock Partners LLC boosted its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1,084.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 74,140 shares of the company’s stock after buying an additional 67,878 shares during the quarter. iShares Russell 1000 ETF comprises about 0.8% of NorthRock Partners LLC’s investment portfolio, making the stock its 22nd largest holding. NorthRock Partners LLC’s holdings in iShares Russell 1000 ETF were worth $23,885,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its holdings in shares of iShares Russell 1000 ETF by 5.0% in the 4th quarter. Jones Financial Companies Lllp now owns 9,740,751 shares of the company’s stock valued at $3,138,080,000 after buying an additional 460,808 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Russell 1000 ETF by 9.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,682,078 shares of the company’s stock valued at $1,508,378,000 after acquiring an additional 422,237 shares in the last quarter. Bank of America Corp DE boosted its stake in iShares Russell 1000 ETF by 12.5% in the fourth quarter. Bank of America Corp DE now owns 4,094,981 shares of the company’s stock valued at $1,319,239,000 after acquiring an additional 454,814 shares in the last quarter. Millennium Management LLC grew its holdings in shares of iShares Russell 1000 ETF by 22,234.1% during the fourth quarter. Millennium Management LLC now owns 2,510,358 shares of the company’s stock worth $808,737,000 after purchasing an additional 2,499,118 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of iShares Russell 1000 ETF by 1.0% during the fourth quarter. LPL Financial LLC now owns 2,417,657 shares of the company’s stock worth $778,873,000 after purchasing an additional 23,650 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $322.78 on Wednesday. The company has a market capitalization of $40.07 billion, a P/E ratio of 24.42 and a beta of 1.02. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $337.76. The stock has a 50-day simple moving average of $301.84 and a 200-day simple moving average of $318.91.

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.