ARK & TLK Investments LLC Invests $1.81 Million in iShares Russell 1000 ETF (NYSEARCA:IWB)

ARK & TLK Investments LLC purchased a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,898 shares of the company’s stock, valued at approximately $1,809,000. iShares Russell 1000 ETF accounts for about 0.6% of ARK & TLK Investments LLC’s portfolio, making the stock its 23rd largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWB. Waterloo Capital L.P. acquired a new position in iShares Russell 1000 ETF during the 4th quarter worth approximately $4,471,000. Truist Financial Corp increased its position in iShares Russell 1000 ETF by 16.7% during the 4th quarter. Truist Financial Corp now owns 474,134 shares of the company’s stock worth $124,347,000 after purchasing an additional 67,861 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares Russell 1000 ETF by 3.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock valued at $1,183,533,000 after acquiring an additional 146,971 shares during the period. Advance Capital Management Inc. increased its position in iShares Russell 1000 ETF by 3.8% in the 4th quarter. Advance Capital Management Inc. now owns 35,540 shares of the company’s stock valued at $9,321,000 after acquiring an additional 1,285 shares during the period. Finally, Arbor Wealth Advisors LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at approximately $442,000.

iShares Russell 1000 ETF Stock Up 0.0 %

NYSEARCA IWB traded up $0.07 on Friday, hitting $295.75. The company’s stock had a trading volume of 466,459 shares, compared to its average volume of 777,058. iShares Russell 1000 ETF has a 1-year low of $224.41 and a 1-year high of $296.94. The company’s 50-day moving average is $285.43 and its 200 day moving average is $275.67. The firm has a market cap of $36.30 billion, a PE ratio of 24.68 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.