GAMMA Investing LLC Invests $165,000 in iShares Russell 1000 ETF (NYSEARCA:IWB)

GAMMA Investing LLC acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 622 shares of the company’s stock, valued at approximately $165,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. M&T Bank Corp raised its stake in iShares Russell 1000 ETF by 1.7% during the 3rd quarter. M&T Bank Corp now owns 2,923,123 shares of the company’s stock valued at $686,672,000 after acquiring an additional 49,597 shares in the last quarter. LPL Financial LLC raised its stake in iShares Russell 1000 ETF by 1.8% during the 3rd quarter. LPL Financial LLC now owns 2,249,921 shares of the company’s stock valued at $528,529,000 after acquiring an additional 38,800 shares in the last quarter. Johnson Investment Counsel Inc. raised its stake in iShares Russell 1000 ETF by 0.6% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 1,200,365 shares of the company’s stock valued at $281,978,000 after acquiring an additional 6,945 shares in the last quarter. Pathstone Family Office LLC increased its position in shares of iShares Russell 1000 ETF by 2,233.8% during the 3rd quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock valued at $274,904,000 after purchasing an additional 1,119,893 shares during the period. Finally, UBS Group AG increased its position in shares of iShares Russell 1000 ETF by 10.7% during the 3rd quarter. UBS Group AG now owns 1,068,549 shares of the company’s stock valued at $251,013,000 after purchasing an additional 102,850 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $279.39 on Friday. iShares Russell 1000 ETF has a 1 year low of $221.31 and a 1 year high of $288.75. The stock has a market cap of $34.41 billion, a PE ratio of 25.11 and a beta of 1.01. The business’s fifty day moving average is $281.46 and its 200-day moving average is $263.51.

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.