Traynor Capital Management Inc. Increases Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Traynor Capital Management Inc. increased its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 862 shares of the company’s stock after acquiring an additional 34 shares during the period. Traynor Capital Management Inc.’s holdings in iShares Russell 1000 ETF were worth $278,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWB. Sound Income Strategies LLC boosted its stake in shares of iShares Russell 1000 ETF by 239.3% during the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after purchasing an additional 67 shares during the period. Winch Advisory Services LLC purchased a new position in shares of iShares Russell 1000 ETF during the third quarter valued at approximately $30,000. Clarkston Capital Partners LLC bought a new position in shares of iShares Russell 1000 ETF during the third quarter valued at approximately $32,000. Archer Investment Corp purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter worth approximately $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $51,000.

iShares Russell 1000 ETF Stock Up 0.5 %

Shares of iShares Russell 1000 ETF stock opened at $336.01 on Friday. The stock’s fifty day moving average is $328.18 and its two-hundred day moving average is $315.32. iShares Russell 1000 ETF has a 52 week low of $265.70 and a 52 week high of $336.18. The company has a market capitalization of $41.25 billion, a PE ratio of 24.68 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.