Rockport Wealth LLC Buys Shares of 1,297 iShares Russell 1000 ETF (NYSEARCA:IWB)

Rockport Wealth LLC bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 1st quarter, Holdings Channel.com reports. The fund bought 1,297 shares of the company’s stock, valued at approximately $374,000.

Several other hedge funds and other institutional investors have also bought and sold shares of IWB. Resurgent Financial Advisors LLC raised its stake in iShares Russell 1000 ETF by 45.8% in the 1st quarter. Resurgent Financial Advisors LLC now owns 2,617 shares of the company’s stock worth $754,000 after acquiring an additional 822 shares during the last quarter. Edgestream Partners L.P. raised its stake in iShares Russell 1000 ETF by 20.1% in the 1st quarter. Edgestream Partners L.P. now owns 2,808 shares of the company’s stock worth $809,000 after acquiring an additional 470 shares during the last quarter. Hirtle Callaghan & Co LLC raised its stake in iShares Russell 1000 ETF by 1.0% in the 1st quarter. Hirtle Callaghan & Co LLC now owns 18,160 shares of the company’s stock worth $5,231,000 after acquiring an additional 180 shares during the last quarter. TIAA Trust National Association raised its stake in iShares Russell 1000 ETF by 2.9% in the 1st quarter. TIAA Trust National Association now owns 707,763 shares of the company’s stock worth $203,857,000 after acquiring an additional 20,025 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in iShares Russell 1000 ETF by 3.8% during the 1st quarter. Vanguard Group Inc. now owns 9,705 shares of the company’s stock worth $2,795,000 after purchasing an additional 353 shares during the period.

iShares Russell 1000 ETF Trading Down 0.1 %

IWB traded down $0.43 during midday trading on Tuesday, hitting $303.41. 629,963 shares of the company were exchanged, compared to its average volume of 800,047. The company’s 50 day simple moving average is $296.46 and its 200 day simple moving average is $283.81. The firm has a market capitalization of $37.24 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1-year low of $224.41 and a 1-year high of $309.61.

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.