Becker Capital Management Inc. Invests $509,000 in iShares Russell 1000 ETF $IWB

Becker Capital Management Inc. bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,392 shares of the company’s stock, valued at approximately $509,000.

A number of other institutional investors and hedge funds have also modified their holdings of IWB. Brighton Jones LLC increased its position in iShares Russell 1000 ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock worth $58,807,000 after purchasing an additional 6,006 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of iShares Russell 1000 ETF by 56.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock valued at $486,000 after buying an additional 542 shares in the last quarter. Atria Investments Inc increased its holdings in iShares Russell 1000 ETF by 0.9% in the second quarter. Atria Investments Inc now owns 4,073 shares of the company’s stock worth $1,383,000 after buying an additional 36 shares during the last quarter. IFG Advisory LLC bought a new position in iShares Russell 1000 ETF during the second quarter valued at approximately $217,000. Finally, Telos Capital Management Inc. bought a new position in iShares Russell 1000 ETF during the second quarter valued at approximately $208,000.

iShares Russell 1000 ETF Stock Down 0.9%

Shares of IWB opened at $373.15 on Wednesday. The firm has a market cap of $46.07 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The company’s fifty day moving average is $377.34 and its 200-day moving average is $369.93. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $382.34.

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.