McKinley Carter Wealth Services Inc. Purchases New Shares in iShares Russell 1000 ETF $IWB

McKinley Carter Wealth Services Inc. acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 161,976 shares of the company’s stock, valued at approximately $67,403,000. iShares Russell 1000 ETF comprises approximately 3.5% of McKinley Carter Wealth Services Inc.’s portfolio, making the stock its 5th biggest holding. McKinley Carter Wealth Services Inc. owned 0.14% of iShares Russell 1000 ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE boosted its position in shares of iShares Russell 1000 ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock valued at $1,838,275,000 after acquiring an additional 240,695 shares during the last quarter. PNC Financial Services Group Inc. increased its position in iShares Russell 1000 ETF by 1.4% in the first quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock worth $830,623,000 after purchasing an additional 32,054 shares during the last quarter. Catalyst Capital Advisors LLC increased its position in iShares Russell 1000 ETF by 12.2% in the first quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock worth $585,376,000 after purchasing an additional 179,128 shares during the last quarter. Fifth Third Bancorp increased its position in iShares Russell 1000 ETF by 145.7% in the first quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock worth $303,069,000 after purchasing an additional 504,045 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in iShares Russell 1000 ETF by 2.4% during the first quarter. Cetera Investment Advisers now owns 361,081 shares of the company’s stock valued at $128,747,000 after purchasing an additional 8,550 shares in the last quarter.

iShares Russell 1000 ETF Stock Down 1.1%

iShares Russell 1000 ETF stock traded down $4.58 during mid-day trading on Friday, reaching $416.77. 361,238 shares of the company’s stock traded hands, compared to its average volume of 1,011,309. iShares Russell 1000 ETF has a 12-month low of $345.21 and a 12-month high of $427.04. The stock has a 50 day moving average of $420.14 and a two-hundred day moving average of $406.72. The company has a market cap of $48.57 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.