iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Bought by RMR Wealth Builders

RMR Wealth Builders lifted its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 27.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,646 shares of the company’s stock after purchasing an additional 350 shares during the period. RMR Wealth Builders’ holdings in iShares Russell 1000 ETF were worth $530,000 at the end of the most recent reporting period.

Several 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% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after purchasing an additional 67 shares during the last quarter. Winch Advisory Services LLC purchased a new position in shares of iShares Russell 1000 ETF in the third quarter worth approximately $30,000. Clarkston Capital Partners LLC purchased a new position in shares of iShares Russell 1000 ETF in the third quarter worth approximately $32,000. Archer Investment Corp purchased a new position in shares of iShares Russell 1000 ETF in the third quarter worth approximately $37,000. Finally, FSA Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the third quarter worth approximately $57,000.

iShares Russell 1000 ETF Price Performance

iShares Russell 1000 ETF stock opened at $319.51 on Friday. The firm’s 50 day simple moving average is $327.76 and its 200-day simple moving average is $313.66. The company has a market cap of $39.22 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $258.68 and a fifty-two week high of $336.18.

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.