SpiderRock Advisors LLC Grows Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

SpiderRock Advisors LLC raised its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 20,287 shares of the company’s stock after buying an additional 571 shares during the period. SpiderRock Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $6,378,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. 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. LRI Investments LLC purchased a new stake in iShares Russell 1000 ETF in the 1st quarter valued at approximately $27,000. Winch Advisory Services LLC purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at approximately $30,000. Transcendent Capital Group LLC increased its holdings in shares of iShares Russell 1000 ETF by 76.4% in the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after purchasing an additional 42 shares in the last quarter. Finally, Rosenberg Matthew Hamilton lifted its position in shares of 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 period.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB traded up $0.12 on Monday, hitting $313.63. The company’s stock had a trading volume of 144,468 shares, compared to its average volume of 793,471. iShares Russell 1000 ETF has a 12-month low of $237.52 and a 12-month high of $321.24. The company has a market capitalization of $38.50 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The stock has a 50 day moving average of $311.77 and a 200-day moving average of $299.92.

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.