Fortress Financial Group LLC Makes New $343,000 Investment in iShares Russell 1000 ETF (NYSEARCA:IWB)

Fortress Financial Group LLC purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,064 shares of the company’s stock, valued at approximately $343,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWB. LPL Financial LLC raised its holdings in shares of iShares Russell 1000 ETF by 2.2% during the 3rd quarter. LPL Financial LLC now owns 2,394,007 shares of the company’s stock worth $752,652,000 after acquiring an additional 52,616 shares during the period. Millburn Ridgefield Corp raised its stake in iShares Russell 1000 ETF by 5.1% during the fourth quarter. Millburn Ridgefield Corp now owns 1,605,165 shares of the company’s stock worth $517,120,000 after purchasing an additional 77,537 shares during the period. Pathstone Holdings LLC boosted its holdings in iShares Russell 1000 ETF by 0.4% in the 3rd quarter. Pathstone Holdings LLC now owns 1,147,674 shares of the company’s stock valued at $360,544,000 after purchasing an additional 4,412 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of iShares Russell 1000 ETF by 398.0% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock valued at $313,132,000 after buying an additional 796,000 shares during the period. Finally, CHURCHILL MANAGEMENT Corp increased its holdings in shares of iShares Russell 1000 ETF by 5.8% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 790,933 shares of the company’s stock worth $254,807,000 after buying an additional 43,432 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB opened at $321.39 on Friday. The stock has a market capitalization of $38.15 billion, a PE ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a one year low of $271.54 and a one year high of $337.76. The business’s 50 day moving average price is $329.37 and its 200 day moving average price is $321.28.

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.