Maple Capital Management Inc. Grows Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Maple Capital Management Inc. grew its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 26.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,518 shares of the company’s stock after purchasing an additional 318 shares during the quarter. Maple Capital Management Inc.’s holdings in iShares Russell 1000 ETF were worth $489,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Clarkston Capital Partners LLC purchased a new stake in shares of iShares Russell 1000 ETF during the third quarter valued at approximately $32,000. Golden State Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $37,000. Crews Bank & Trust bought a new position in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $37,000. Archer Investment Corp bought a new position in shares of iShares Russell 1000 ETF during the third quarter valued at approximately $37,000. Finally, Centricity Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $39,000.

iShares Russell 1000 ETF Trading Up 1.6 %

IWB opened at $326.39 on Friday. The stock has a fifty day simple moving average of $329.40 and a two-hundred day simple moving average of $321.52. The company has a market cap of $38.74 billion, a price-to-earnings ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a 12-month low of $271.54 and a 12-month high of $337.76.

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.