Marshall Wace LLP Acquires New Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Marshall Wace LLP bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 8,592 shares of the company’s stock, valued at approximately $2,556,000.

Several other hedge funds also recently modified their holdings of IWB. LRI Investments LLC acquired a new stake in iShares Russell 1000 ETF in the 1st quarter worth approximately $27,000. Transcendent Capital Group LLC lifted its stake in shares of iShares Russell 1000 ETF by 76.4% in the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock worth $29,000 after buying an additional 42 shares during the last quarter. Rosenberg Matthew Hamilton boosted its holdings in shares of iShares Russell 1000 ETF by 176.7% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after buying an additional 76 shares during the period. JNBA Financial Advisors acquired a new position in iShares Russell 1000 ETF in the 1st quarter valued at $50,000. Finally, Strategic Financial Concepts LLC bought a new position in iShares Russell 1000 ETF in the 2nd quarter worth $54,000.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $311.11 on Friday. The stock has a market capitalization of $38.19 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The company has a 50-day moving average of $303.51 and a two-hundred day moving average of $294.92. iShares Russell 1000 ETF has a 52-week low of $224.41 and a 52-week high of $314.80.

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.