RMR Capital Management LLC Acquires New Shares in iShares Russell 1000 ETF (NYSEARCA:IWB)

RMR Capital Management LLC bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 788 shares of the company’s stock, valued at approximately $248,000.

A number of other institutional investors and hedge funds have also modified their holdings of IWB. Sound Income Strategies LLC grew its holdings in shares of 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 acquiring an additional 67 shares during the period. LRI Investments LLC bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at about $27,000. Winch Advisory Services LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $30,000. Transcendent Capital Group LLC lifted its stake 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 worth $29,000 after purchasing an additional 42 shares during the period. Finally, Rosenberg Matthew Hamilton boosted its holdings in shares of iShares Russell 1000 ETF by 176.7% in the second quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after buying an additional 76 shares during the last quarter.

iShares Russell 1000 ETF Trading Down 0.3 %

NYSEARCA IWB traded down $0.92 during trading hours on Tuesday, hitting $328.93. 128,035 shares of the company’s stock traded hands, compared to its average volume of 796,035. iShares Russell 1000 ETF has a 52 week low of $240.12 and a 52 week high of $330.43. The firm has a market capitalization of $40.38 billion, a P/E ratio of 24.68 and a beta of 1.01. The business’s fifty day moving average price is $313.69 and its two-hundred day moving average price is $301.94.

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.