Bridges Investment Management Inc. Has $6.92 Million Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Bridges Investment Management Inc. boosted its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 21,477 shares of the company’s stock after buying an additional 189 shares during the quarter. Bridges Investment Management Inc.’s holdings in iShares Russell 1000 ETF were worth $6,919,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Clarkston Capital Partners LLC acquired a new position in shares of iShares Russell 1000 ETF during the third quarter valued at about $32,000. Archer Investment Corp acquired a new position in iShares Russell 1000 ETF in the 3rd quarter valued at approximately $37,000. Crews Bank & Trust acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at approximately $37,000. Golden State Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the 4th quarter worth approximately $37,000. Finally, Centricity Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $39,000.

iShares Russell 1000 ETF Trading Up 1.6 %

Shares of NYSEARCA IWB opened at $326.39 on Friday. The firm has a market capitalization of $38.74 billion, a price-to-earnings ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a one year low of $271.54 and a one year high of $337.76. The business has a fifty day simple moving average of $329.40 and a 200 day simple moving average of $321.69.

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.