Heritage Family Offices LLP Makes New $862,000 Investment in iShares Russell 1000 ETF (NYSEARCA:IWB)

Heritage Family Offices LLP purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, Holdings Channel reports. The fund purchased 2,675 shares of the company’s stock, valued at approximately $862,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Thoroughbred Financial Services LLC bought a new stake in iShares Russell 1000 ETF during the second quarter valued at approximately $270,000. One Capital Management LLC grew its position in shares of iShares Russell 1000 ETF by 19.8% during the 2nd quarter. One Capital Management LLC now owns 1,088 shares of the company’s stock valued at $324,000 after acquiring an additional 180 shares during the period. Renaissance Technologies LLC bought a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter valued at $6,219,000. WealthPLAN Partners LLC increased its stake in shares of iShares Russell 1000 ETF by 2.1% in the 2nd quarter. WealthPLAN Partners LLC now owns 1,703 shares of the company’s stock worth $507,000 after purchasing an additional 35 shares in the last quarter. Finally, Disciplined Investments LLC bought a new position in iShares Russell 1000 ETF in the 2nd quarter worth $201,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $326.65 on Thursday. The stock has a 50-day simple moving average of $327.99 and a two-hundred day simple moving average of $314.19. The firm has a market capitalization of $40.10 billion, a PE ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $258.68 and a 52-week high of $336.18.

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.