Zhang Financial LLC Purchases 234 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Zhang Financial LLC raised its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 14.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,856 shares of the company’s stock after acquiring an additional 234 shares during the period. Zhang Financial LLC’s holdings in iShares Russell 1000 ETF were worth $487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in IWB. Prudential Financial Inc. raised its stake in shares of iShares Russell 1000 ETF by 9.4% in the first quarter. Prudential Financial Inc. now owns 32,609 shares of the company’s stock valued at $8,155,000 after buying an additional 2,805 shares during the period. AJ Wealth Strategies LLC raised its stake in shares of iShares Russell 1000 ETF by 161.7% during the 1st quarter. AJ Wealth Strategies LLC now owns 15,778 shares of the company’s stock valued at $3,946,000 after purchasing an additional 9,750 shares during the period. International Assets Investment Management LLC bought a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at $238,000. Rosenblum Silverman Sutton S F Inc CA raised its stake in shares of iShares Russell 1000 ETF by 13.5% during the 1st quarter. Rosenblum Silverman Sutton S F Inc CA now owns 10,013 shares of the company’s stock valued at $2,504,000 after purchasing an additional 1,190 shares during the period. Finally, Ancora Advisors LLC raised its stake in shares of iShares Russell 1000 ETF by 26.3% during the 1st quarter. Ancora Advisors LLC now owns 2,510 shares of the company’s stock valued at $562,000 after purchasing an additional 523 shares during the period.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $272.26 on Friday. iShares Russell 1000 ETF has a 52-week low of $221.31 and a 52-week high of $288.75. The firm has a market cap of $33.53 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. The business’s fifty day moving average is $281.20 and its 200 day moving average is $262.01.

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.