Renaissance Technologies LLC Takes $13.05 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Renaissance Technologies LLC bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, HoldingsChannel.com reports. The firm bought 40,500 shares of the company’s stock, valued at approximately $13,047,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWB. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $196,217,000. Constellation Investments Inc. acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $182,162,000. Proficio Capital Partners LLC grew its position in shares of iShares Russell 1000 ETF by 32,116.0% during the fourth quarter. Proficio Capital Partners LLC now owns 480,018 shares of the company’s stock worth $154,643,000 after acquiring an additional 478,528 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of iShares Russell 1000 ETF by 5.0% in the 4th quarter. Jones Financial Companies Lllp now owns 9,740,751 shares of the company’s stock valued at $3,138,080,000 after acquiring an additional 460,808 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in iShares Russell 1000 ETF by 9.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,682,078 shares of the company’s stock worth $1,508,378,000 after purchasing an additional 422,237 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB opened at $294.42 on Wednesday. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $337.76. The stock has a market capitalization of $35.67 billion, a price-to-earnings ratio of 24.07 and a beta of 1.03. The company has a 50-day simple moving average of $312.39 and a 200-day simple moving average of $320.82.

iShares Russell 1000 ETF Company 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.