iShares Russell 1000 ETF (NYSEARCA:IWB) Stock Position Raised by Fountainhead AM LLC

Fountainhead AM LLC increased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 6.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 203,718 shares of the company’s stock after purchasing an additional 12,667 shares during the quarter. iShares Russell 1000 ETF makes up about 14.7% of Fountainhead AM LLC’s investment portfolio, making the stock its largest position. Fountainhead AM LLC’s holdings in iShares Russell 1000 ETF were worth $53,427,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Global Retirement Partners LLC boosted its holdings in iShares Russell 1000 ETF by 1.8% in the 3rd quarter. Global Retirement Partners LLC now owns 2,896 shares of the company’s stock worth $676,000 after acquiring an additional 51 shares during the period. Capital Investment Advisors LLC increased its holdings in shares of iShares Russell 1000 ETF by 2.0% during the third quarter. Capital Investment Advisors LLC now owns 2,849 shares of the company’s stock valued at $669,000 after purchasing an additional 57 shares during the period. DAVENPORT & Co LLC boosted its stake in iShares Russell 1000 ETF by 61.7% during the third quarter. DAVENPORT & Co LLC now owns 2,279 shares of the company’s stock valued at $535,000 after buying an additional 870 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in iShares Russell 1000 ETF during the third quarter valued at about $34,000. Finally, Meridian Wealth Management LLC boosted its position in shares of iShares Russell 1000 ETF by 115.4% in the 3rd quarter. Meridian Wealth Management LLC now owns 4,746 shares of the company’s stock valued at $1,115,000 after purchasing an additional 2,543 shares during the period.

iShares Russell 1000 ETF Stock Performance

IWB traded up $3.25 during trading on Tuesday, reaching $277.99. The company had a trading volume of 599,853 shares, compared to its average volume of 733,080. The firm’s 50-day simple moving average is $281.30 and its 200 day simple moving average is $263.02. The company has a market cap of $34.23 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $221.31 and a 12-month high of $288.75.

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.