iShares Russell 1000 ETF (NYSEARCA:IWB) Position Boosted by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC increased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 30.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,693 shares of the company’s stock after purchasing an additional 2,721 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in iShares Russell 1000 ETF were worth $3,368,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IWB. Mascoma Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at $25,000. Baystate Wealth Management LLC lifted its holdings in shares of iShares Russell 1000 ETF by 70.8% during the fourth quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock valued at $32,000 after purchasing an additional 51 shares during the last quarter. Robinson Capital Management LLC acquired a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at $33,000. JNBA Financial Advisors purchased a new position in iShares Russell 1000 ETF in the 1st quarter worth about $50,000. Finally, Concourse Financial Group Securities Inc. raised its holdings in iShares Russell 1000 ETF by 164.0% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 198 shares of the company’s stock worth $57,000 after buying an additional 123 shares during the period.

iShares Russell 1000 ETF Trading Down 2.3 %

Shares of IWB traded down $6.89 during midday trading on Wednesday, hitting $296.52. The stock had a trading volume of 681,414 shares, compared to its average volume of 799,205. The business has a 50-day simple moving average of $296.77 and a two-hundred day simple moving average of $284.13. The firm has a market cap of $36.40 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $224.41 and a fifty-two week high of $309.61.

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.