Zhang Financial LLC Has $487,000 Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Zhang Financial LLC raised its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 14.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,856 shares of the company’s stock after buying an additional 234 shares during the quarter. Zhang Financial LLC’s holdings in iShares Russell 1000 ETF were worth $487,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of IWB. Moneta Group Investment Advisors LLC grew its position in shares of iShares Russell 1000 ETF by 135,206.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 42,238,638 shares of the company’s stock worth $8,892,078,000 after buying an additional 42,207,421 shares during the period. US Bancorp DE grew its position in shares of iShares Russell 1000 ETF by 214.8% in the 3rd quarter. US Bancorp DE now owns 607,459 shares of the company’s stock valued at $142,698,000 after purchasing an additional 1,136,554 shares during the period. Pathstone Family Office LLC grew its position in shares of iShares Russell 1000 ETF by 2,233.8% in the 3rd quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock valued at $274,904,000 after purchasing an additional 1,119,893 shares during the period. Comerica Bank acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at approximately $168,447,000. Finally, TIAA Trust National Association acquired a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at approximately $166,212,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $272.26 on Friday. The stock has a 50 day simple moving average of $281.20 and a 200 day simple moving average of $262.01. iShares Russell 1000 ETF has a 52-week low of $221.31 and a 52-week high of $288.75. The firm has a market capitalization of $33.53 billion, a PE ratio of 25.11 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.