Procyon Advisors LLC Raises Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Procyon Advisors LLC increased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 396.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,917 shares of the company’s stock after buying an additional 18,302 shares during the period. Procyon Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $7,383,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sound Income Strategies LLC lifted its holdings in iShares Russell 1000 ETF by 239.3% during the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after buying an additional 67 shares during the period. Winch Advisory Services LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth $30,000. Clarkston Capital Partners LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth $32,000. Archer Investment Corp bought a new stake in iShares Russell 1000 ETF during the third quarter valued at about $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares Russell 1000 ETF in the fourth quarter valued at about $51,000.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $326.23 on Friday. iShares Russell 1000 ETF has a one year low of $258.68 and a one year high of $336.18. The firm has a market cap of $40.04 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The firm has a 50-day simple moving average of $328.02 and a two-hundred day simple moving average of $314.28.

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.