iShares Russell 1000 ETF $IWB Shares Bought by Financial Management Professionals Inc.

Financial Management Professionals Inc. grew its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 121,190 shares of the company’s stock after purchasing an additional 2,752 shares during the quarter. iShares Russell 1000 ETF makes up approximately 4.6% of Financial Management Professionals Inc.’s holdings, making the stock its 7th biggest holding. Financial Management Professionals Inc.’s holdings in iShares Russell 1000 ETF were worth $44,292,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of IWB. Flow Traders U.S. LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter valued at approximately $1,485,000. Diversified Enterprises LLC acquired a new position in iShares Russell 1000 ETF in the second quarter worth $229,000. 17 Capital Partners LLC increased its stake in iShares Russell 1000 ETF by 5.6% during the second quarter. 17 Capital Partners LLC now owns 4,853 shares of the company’s stock valued at $1,648,000 after purchasing an additional 257 shares during the last quarter. Cambridge Financial Group LLC increased its stake in iShares Russell 1000 ETF by 141.8% during the third quarter. Cambridge Financial Group LLC now owns 11,717 shares of the company’s stock valued at $4,282,000 after purchasing an additional 6,872 shares during the last quarter. Finally, Beacon Pointe Advisors LLC raised its holdings in shares of iShares Russell 1000 ETF by 0.9% during the second quarter. Beacon Pointe Advisors LLC now owns 116,486 shares of the company’s stock worth $39,555,000 after purchasing an additional 1,066 shares during the period.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $378.20 on Friday. iShares Russell 1000 ETF has a 1 year low of $264.17 and a 1 year high of $378.50. The firm’s 50-day moving average is $371.24 and its 200-day moving average is $357.58. The company has a market cap of $45.54 billion, a P/E ratio of 24.71 and a beta of 1.01.

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.