iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Purchased by MAI Capital Management

MAI Capital Management grew its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,607 shares of the company’s stock after purchasing an additional 341 shares during the period. MAI Capital Management owned 0.06% of iShares Russell 1000 ETF worth $23,770,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Etesian Wealth Advisors Inc. lifted its stake in shares of iShares Russell 1000 ETF by 32.0% during the third quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock valued at $390,000 after buying an additional 301 shares during the period. Mechanics Bank Trust Department purchased a new position in shares of iShares Russell 1000 ETF during the 3rd quarter worth $597,000. Cambridge Trust Co. boosted its holdings in shares of iShares Russell 1000 ETF by 29.7% during the first quarter. Cambridge Trust Co. now owns 1,760 shares of the company’s stock worth $507,000 after purchasing an additional 403 shares during the last quarter. Morton Capital Management LLC CA grew its position in shares of iShares Russell 1000 ETF by 0.9% in the third quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock valued at $1,592,000 after purchasing an additional 43 shares during the period. Finally, Citizens Financial Group Inc. RI increased its stake in iShares Russell 1000 ETF by 20.5% in the first quarter. Citizens Financial Group Inc. RI now owns 3,678 shares of the company’s stock valued at $1,059,000 after purchasing an additional 625 shares during the last quarter.

iShares Russell 1000 ETF Trading Down 1.3 %

NYSEARCA IWB opened at $322.29 on Monday. The business’s 50-day moving average price is $315.80 and its 200 day moving average price is $303.32. iShares Russell 1000 ETF has a twelve month low of $245.70 and a twelve month high of $330.43. The company has a market capitalization of $39.56 billion, a PE ratio of 24.68 and a beta of 1.01.

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.