Breakwater Capital Group Acquires 301 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Breakwater Capital Group lifted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,061 shares of the company’s stock after purchasing an additional 301 shares during the period. iShares Russell 1000 ETF comprises about 1.0% of Breakwater Capital Group’s investment portfolio, making the stock its 23rd largest position. Breakwater Capital Group’s holdings in iShares Russell 1000 ETF were worth $4,852,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in IWB. Sound Income Strategies LLC boosted its position in iShares Russell 1000 ETF by 239.3% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after buying an additional 67 shares during the period. Winch Advisory Services LLC bought a new stake in shares of iShares Russell 1000 ETF during the third quarter valued at approximately $30,000. Clarkston Capital Partners LLC purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at approximately $32,000. Archer Investment Corp bought a new position in iShares Russell 1000 ETF in the third quarter worth approximately $37,000. Finally, FSA Wealth Management LLC purchased a new position in iShares Russell 1000 ETF during the 3rd quarter worth $57,000.

iShares Russell 1000 ETF Trading Up 0.2 %

Shares of IWB stock opened at $320.16 on Tuesday. iShares Russell 1000 ETF has a twelve month low of $258.68 and a twelve month high of $336.18. The stock has a fifty day simple moving average of $327.90 and a two-hundred day simple moving average of $314.03. The stock has a market capitalization of $39.30 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

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.