AMI Asset Management Corp Makes New Investment in iShares Russell 1000 ETF $IWB

AMI Asset Management Corp bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,760 shares of the company’s stock, valued at approximately $657,000.

Several other institutional investors and hedge funds have also bought and sold shares of IWB. Rede Wealth LLC bought a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at approximately $2,475,000. First Horizon Corp bought a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at approximately $2,240,000. Belpointe Asset Management LLC raised its stake in iShares Russell 1000 ETF by 109.2% during the 3rd quarter. Belpointe Asset Management LLC now owns 10,904 shares of the company’s stock valued at $3,985,000 after purchasing an additional 5,692 shares during the period. Calamos Wealth Management LLC raised its stake in iShares Russell 1000 ETF by 16.5% during the 3rd quarter. Calamos Wealth Management LLC now owns 10,400 shares of the company’s stock valued at $3,801,000 after purchasing an additional 1,474 shares during the period. Finally, Cerity Partners LLC raised its stake in iShares Russell 1000 ETF by 1.1% during the 3rd quarter. Cerity Partners LLC now owns 757,510 shares of the company’s stock valued at $276,854,000 after purchasing an additional 8,149 shares during the period.

iShares Russell 1000 ETF Price Performance

NYSEARCA:IWB opened at $376.07 on Tuesday. iShares Russell 1000 ETF has a 1 year low of $279.04 and a 1 year high of $382.34. The stock’s 50 day simple moving average is $368.89 and its two-hundred day simple moving average is $371.13. The company has a market cap of $44.66 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.

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.