Joel Isaacson & Co. LLC Increases Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Joel Isaacson & Co. LLC lifted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 30.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,143 shares of the company’s stock after purchasing an additional 1,656 shares during the period. Joel Isaacson & Co. LLC’s holdings in iShares Russell 1000 ETF were worth $2,301,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CWM LLC increased its position in shares of iShares Russell 1000 ETF by 4.4% during the third quarter. CWM LLC now owns 51,172 shares of the company’s stock valued at $16,088,000 after acquiring an additional 2,166 shares during the last quarter. Beaumont Financial Advisors LLC grew its stake in iShares Russell 1000 ETF by 17.0% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 1,811 shares of the company’s stock valued at $569,000 after purchasing an additional 263 shares during the period. McNamara Financial Services Inc. grew its stake in iShares Russell 1000 ETF by 1.6% in the 3rd quarter. McNamara Financial Services Inc. now owns 7,912 shares of the company’s stock valued at $2,487,000 after purchasing an additional 128 shares during the period. Mechanics Bank Trust Department purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at $597,000. Finally, Retirement Planning Group LLC raised its stake in shares of iShares Russell 1000 ETF by 1.9% during the 3rd quarter. Retirement Planning Group LLC now owns 3,030 shares of the company’s stock worth $953,000 after purchasing an additional 56 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB opened at $331.56 on Friday. The company has a market capitalization of $40.70 billion, a P/E ratio of 24.68 and a beta of 1.01. The company’s 50-day moving average is $329.36 and its 200 day moving average is $317.39. iShares Russell 1000 ETF has a fifty-two week low of $269.98 and a fifty-two week high of $336.61.

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.