D.A. Davidson & CO. Increases Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

D.A. Davidson & CO. raised its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.8% in the third quarter, Holdings Channel reports. The institutional investor owned 11,124 shares of the company’s stock after acquiring an additional 87 shares during the period. D.A. Davidson & CO.’s holdings in iShares Russell 1000 ETF were worth $3,497,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Bank of Montreal Can increased its stake in shares of iShares Russell 1000 ETF by 1.4% in the third quarter. Bank of Montreal Can now owns 284,410 shares of the company’s stock worth $89,089,000 after purchasing an additional 4,005 shares in the last quarter. Concentric Wealth Management LLC increased its stake in shares of iShares Russell 1000 ETF by 2.5% in the third quarter. Concentric Wealth Management LLC now owns 4,036 shares of the company’s stock worth $1,269,000 after purchasing an additional 99 shares in the last quarter. Douglass Winthrop Advisors LLC increased its stake in shares of iShares Russell 1000 ETF by 4.5% in the third quarter. Douglass Winthrop Advisors LLC now owns 2,132 shares of the company’s stock worth $670,000 after purchasing an additional 92 shares in the last quarter. Fisher Asset Management LLC increased its stake in shares of iShares Russell 1000 ETF by 272.9% in the third quarter. Fisher Asset Management LLC now owns 2,987 shares of the company’s stock worth $939,000 after purchasing an additional 2,186 shares in the last quarter. Finally, Summit Trail Advisors LLC increased its stake in shares of iShares Russell 1000 ETF by 2.3% in the third quarter. Summit Trail Advisors LLC now owns 18,549 shares of the company’s stock worth $5,832,000 after purchasing an additional 411 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB opened at $330.61 on Friday. The stock has a market capitalization of $40.58 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The company has a fifty day moving average of $319.78 and a 200 day moving average of $305.84. iShares Russell 1000 ETF has a fifty-two week low of $248.88 and a fifty-two week high of $332.07.

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.