iShares Russell 1000 ETF (NYSEARCA:IWB) Stake Increased by Procyon Advisors LLC

Procyon Advisors LLC raised its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 614.3% during the fourth quarter, HoldingsChannel reports. The fund owned 33,903 shares of the company’s stock after acquiring an additional 29,157 shares during the quarter. iShares Russell 1000 ETF comprises approximately 0.8% of Procyon Advisors LLC’s holdings, making the stock its 28th largest position. Procyon Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $8,891,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. ACT Wealth Management LLC increased its holdings in shares of iShares Russell 1000 ETF by 0.7% in the 4th quarter. ACT Wealth Management LLC now owns 81,469 shares of the company’s stock valued at $21,366,000 after acquiring an additional 540 shares during the last quarter. First Pacific Financial raised its holdings in shares of iShares Russell 1000 ETF by 2.4% during the fourth quarter. First Pacific Financial now owns 6,800 shares of the company’s stock worth $1,783,000 after purchasing an additional 159 shares during the period. Highland Capital Management LLC lifted its position in shares of iShares Russell 1000 ETF by 3.4% in the 4th quarter. Highland Capital Management LLC now owns 9,604 shares of the company’s stock worth $2,519,000 after buying an additional 315 shares during the last quarter. Heartwood Wealth Advisors LLC acquired a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $216,000. Finally, Vision Capital Management Inc. bought a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at about $1,466,000.

iShares Russell 1000 ETF Trading Up 0.1 %

IWB traded up $0.24 on Thursday, hitting $288.34. 31,721 shares of the company’s stock were exchanged, compared to its average volume of 745,879. The stock has a fifty day moving average of $276.21 and a two-hundred day moving average of $256.98. iShares Russell 1000 ETF has a twelve month low of $219.10 and a twelve month high of $288.40. The firm has a market cap of $36.50 billion, a PE ratio of 17.92 and a beta of 1.01.

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.