WestEnd Advisors LLC Raises Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

WestEnd Advisors LLC lifted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 30.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 781 shares of the company’s stock after acquiring an additional 183 shares during the quarter. WestEnd Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $246,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in IWB. Sound Income Strategies LLC grew its stake in shares of iShares Russell 1000 ETF by 239.3% during the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after acquiring an additional 67 shares in the last quarter. LRI Investments LLC acquired a new position in shares of iShares Russell 1000 ETF in the 1st quarter valued at approximately $27,000. Winch Advisory Services LLC bought a new stake in shares of iShares Russell 1000 ETF in the third quarter worth $30,000. Transcendent Capital Group LLC raised its holdings in iShares Russell 1000 ETF by 76.4% in the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after acquiring an additional 42 shares in the last quarter. Finally, Rosenberg Matthew Hamilton boosted its stake in iShares Russell 1000 ETF by 176.7% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after acquiring an additional 76 shares during the last quarter.

iShares Russell 1000 ETF Trading Down 0.0 %

IWB stock traded down $0.13 during mid-day trading on Wednesday, hitting $318.87. 23,448 shares of the company were exchanged, compared to its average volume of 795,880. The firm has a fifty day simple moving average of $311.28 and a 200 day simple moving average of $299.11. The company has a market capitalization of $39.14 billion, a PE ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $227.11 and a twelve month high of $321.24.

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.