Boston Financial Mangement LLC Raises Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Boston Financial Mangement LLC lifted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 6.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 62,110 shares of the company’s stock after purchasing an additional 3,813 shares during the period. Boston Financial Mangement LLC owned about 0.05% of iShares Russell 1000 ETF worth $19,527,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. LRI Investments LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 1st quarter worth $27,000. Transcendent Capital Group LLC lifted its stake in iShares Russell 1000 ETF by 76.4% during the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock worth $29,000 after purchasing an additional 42 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in iShares Russell 1000 ETF by 239.3% in the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after purchasing an additional 67 shares in the last quarter. Winch Advisory Services LLC purchased a new position in iShares Russell 1000 ETF in the third quarter valued at approximately $30,000. Finally, Rosenberg Matthew Hamilton raised its holdings in iShares Russell 1000 ETF by 176.7% during the second quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after purchasing an additional 76 shares in the last quarter.

iShares Russell 1000 ETF Trading Up 0.4 %

Shares of iShares Russell 1000 ETF stock opened at $318.53 on Tuesday. The company has a fifty day simple moving average of $311.02 and a 200-day simple moving average of $298.84. iShares Russell 1000 ETF has a 12-month low of $225.99 and a 12-month high of $321.24. The stock has a market cap of $39.10 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.