Fortress Financial Group LLC Takes $343,000 Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Fortress Financial Group LLC purchased a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the fourth quarter, Holdings Channel.com reports. The fund purchased 1,064 shares of the company’s stock, valued at approximately $343,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of IWB. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in iShares Russell 1000 ETF by 398.0% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock worth $313,132,000 after acquiring an additional 796,000 shares in the last quarter. Constellation Investments Inc. acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth $182,162,000. Proficio Capital Partners LLC grew its holdings in iShares Russell 1000 ETF by 32,116.0% in the fourth quarter. Proficio Capital Partners LLC now owns 480,018 shares of the company’s stock valued at $154,643,000 after purchasing an additional 478,528 shares during the last quarter. Bryn Mawr Capital Management LLC boosted its stake in shares of iShares Russell 1000 ETF by 2,464.7% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 212,359 shares of the company’s stock valued at $68,414,000 after acquiring an additional 204,079 shares during the last quarter. Finally, Financial Advocates Investment Management acquired a new stake in shares of iShares Russell 1000 ETF in the third quarter worth approximately $28,903,000.

iShares Russell 1000 ETF Price Performance

NYSEARCA:IWB opened at $321.39 on Friday. The firm has a 50-day moving average of $329.37 and a two-hundred day moving average of $321.28. iShares Russell 1000 ETF has a 1-year low of $271.54 and a 1-year high of $337.76. The stock has a market cap of $38.15 billion, a P/E ratio of 26.23 and a beta of 1.03.

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.