AMI Asset Management Corp Makes New $455,000 Investment in iShares Russell 1000 ETF (NYSEARCA:IWB)

AMI Asset Management Corp bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,449 shares of the company’s stock, valued at approximately $455,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWB. LRI Investments LLC bought a new position in shares of iShares Russell 1000 ETF during the 1st quarter valued at approximately $27,000. Transcendent Capital Group LLC grew its stake 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 worth $29,000 after purchasing an additional 42 shares in the last quarter. Sound Income Strategies LLC grew its stake 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 worth $30,000 after purchasing an additional 67 shares in the last quarter. Winch Advisory Services LLC purchased a new position in iShares Russell 1000 ETF during the 3rd quarter worth $30,000. Finally, Rosenberg Matthew Hamilton raised its position 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 purchasing an additional 76 shares in the last quarter.

iShares Russell 1000 ETF Trading Up 0.1 %

Shares of IWB stock opened at $319.00 on Wednesday. iShares Russell 1000 ETF has a twelve month low of $225.99 and a twelve month high of $321.24. The stock has a fifty day simple moving average of $311.28 and a two-hundred day simple moving average of $299.11. The stock has a market capitalization of $39.16 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

iShares Russell 1000 ETF 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.