Neumann Capital Management LLC raised its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 5,649 shares of the company’s stock after purchasing an additional 383 shares during the quarter. Neumann Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $929,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in IWB. 1 North Wealth Services LLC bought a new stake in shares of iShares Russell 1000 ETF during the third quarter worth approximately $30,000. Alera Investment Advisors LLC grew its stake in shares of iShares Russell 1000 ETF by 1.3% in the 3rd quarter. Alera Investment Advisors LLC now owns 142,701 shares of the company’s stock worth $23,480,000 after acquiring an additional 1,781 shares in the last quarter. Strategic Investment Advisors MI grew its stake in shares of iShares Russell 1000 ETF by 31.4% in the 3rd quarter. Strategic Investment Advisors MI now owns 120,383 shares of the company’s stock worth $19,888,000 after acquiring an additional 28,737 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth $201,000. Finally, RVW Wealth LLC bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth $251,000.
Shares of NYSEARCA:IWB traded up $0.95 during midday trading on Monday, reaching $168.12. The company had a trading volume of 1,172,078 shares, compared to its average volume of 1,023,799. The company’s 50 day moving average price is $164.83 and its 200 day moving average price is $162.47. iShares Russell 1000 ETF has a 52-week low of $129.68 and a 52-week high of $168.47.
The business also recently declared a — dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a $0.722 dividend. This represents a dividend yield of 1.9%. The ex-dividend date of this dividend was Tuesday, September 24th.
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.
Featured Story: How does a 12b-1 fee affect fund performance?
Want to see what other hedge funds are holding IWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 ETF (NYSEARCA:IWB).
Receive News & Ratings for iShares Russell 1000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.