Foundations Investment Advisors LLC boosted its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,508 shares of the company’s stock after purchasing an additional 157 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $326,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of the stock. Slow Capital Inc. acquired a new stake in iShares Russell 1000 ETF in the third quarter valued at $29,000. Edge Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth about $37,000. Summit X LLC acquired a new stake in iShares Russell 1000 ETF in the 3rd quarter valued at about $37,000. Northwest Investment Counselors LLC purchased a new position in iShares Russell 1000 ETF during the 3rd quarter valued at about $47,000. Finally, Cullen Frost Bankers Inc. increased its holdings in iShares Russell 1000 ETF by 42.1% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 304 shares of the company’s stock valued at $57,000 after acquiring an additional 90 shares in the last quarter.
Shares of NYSEARCA IWB opened at $215.82 on Thursday. The firm’s 50-day moving average is $209.54 and its two-hundred day moving average is $193.09. iShares Russell 1000 ETF has a 12-month low of $120.20 and a 12-month high of $216.49.
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.
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