Verdence Capital Advisors LLC Grows Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Verdence Capital Advisors LLC grew its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 10.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,169 shares of the company’s stock after acquiring an additional 206 shares during the quarter. Verdence Capital Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $569,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Mascoma Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $25,000. Cullen Frost Bankers Inc. purchased a new position in iShares Russell 1000 ETF during the 3rd quarter worth $28,000. Baystate Wealth Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 70.8% in the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after acquiring an additional 51 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at about $34,000. Finally, Stonebridge Capital Advisors LLC increased its stake in shares of iShares Russell 1000 ETF by 113.0% during the third quarter. Stonebridge Capital Advisors LLC now owns 196 shares of the company’s stock worth $46,000 after acquiring an additional 104 shares during the period.

iShares Russell 1000 ETF Stock Up 0.9 %

NYSEARCA IWB opened at $274.74 on Tuesday. iShares Russell 1000 ETF has a 52-week low of $221.31 and a 52-week high of $288.75. The firm has a 50-day moving average price of $281.17 and a 200 day moving average price of $262.72. The stock has a market capitalization of $33.83 billion, a P/E ratio of 25.11 and a beta of 1.01.

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.