12,367 Shares in iShares Russell 1000 ETF (NYSEARCA:IWB) Purchased by Nemes Rush Group LLC

Nemes Rush Group LLC bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,367 shares of the company’s stock, valued at approximately $3,984,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Millstone Evans Group LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth about $29,000. Crews Bank & Trust purchased a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth about $37,000. Golden State Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at approximately $37,000. Centricity Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the 4th quarter worth about $39,000. Finally, Kestra Investment Management LLC acquired a new stake in iShares Russell 1000 ETF during the fourth quarter valued at approximately $39,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $306.74 on Tuesday. iShares Russell 1000 ETF has a 1 year low of $271.54 and a 1 year high of $337.76. The firm has a fifty day moving average of $323.41 and a 200-day moving average of $322.85. The company has a market cap of $37.16 billion, a price-to-earnings ratio of 24.07 and a beta of 1.03.

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.