Objective Capital Management LLC Takes Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Objective Capital Management LLC bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,534 shares of the company’s stock, valued at approximately $1,426,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sound Income Strategies LLC boosted its position in shares of iShares Russell 1000 ETF by 239.3% during 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 during the last quarter. LRI Investments LLC bought a new position in shares of iShares Russell 1000 ETF during the 1st quarter valued at approximately $27,000. Winch Advisory Services LLC purchased a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at $30,000. Transcendent Capital Group LLC raised its holdings in iShares Russell 1000 ETF by 76.4% during the 2nd 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. Finally, Rosenberg Matthew Hamilton raised its holdings in iShares Russell 1000 ETF by 176.7% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after buying an additional 76 shares during the period.

iShares Russell 1000 ETF Trading Up 0.5 %

NYSEARCA:IWB traded up $1.50 during midday trading on Friday, hitting $329.09. 361,308 shares of the company traded hands, compared to its average volume of 799,007. The firm’s fifty day moving average is $313.28 and its 200-day moving average is $301.24. iShares Russell 1000 ETF has a 12-month low of $237.52 and a 12-month high of $329.77. The firm has a market capitalization of $40.40 billion, a P/E ratio of 24.68 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.