MML Investors Services LLC Buys 1,344 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

MML Investors Services LLC boosted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.9% in the 3rd quarter, Holdings Channel reports. The firm owned 152,979 shares of the company’s stock after acquiring an additional 1,344 shares during the quarter. MML Investors Services LLC’s holdings in iShares Russell 1000 ETF were worth $48,095,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in IWB. Transcendent Capital Group LLC boosted its stake in iShares Russell 1000 ETF by 76.4% during the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after buying an additional 42 shares during the period. Sound Income Strategies LLC raised its holdings in shares of iShares Russell 1000 ETF by 239.3% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after acquiring an additional 67 shares in the last quarter. Winch Advisory Services LLC bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $30,000. Clarkston Capital Partners LLC purchased a new position in shares of iShares Russell 1000 ETF during the third quarter worth about $32,000. Finally, Rosenberg Matthew Hamilton increased its position in shares of iShares Russell 1000 ETF by 176.7% in the second quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after purchasing an additional 76 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of iShares Russell 1000 ETF stock opened at $335.71 on Monday. iShares Russell 1000 ETF has a 1 year low of $251.07 and a 1 year high of $336.18. The firm has a market cap of $41.21 billion, a PE ratio of 24.68 and a beta of 1.01. The company has a 50 day simple moving average of $322.30 and a two-hundred day simple moving average of $307.93.

About iShares Russell 1000 ETF

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.