iShares Russell 1000 ETF $IWB Shares Purchased by MML Investors Services LLC

MML Investors Services LLC boosted its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 174,862 shares of the company’s stock after purchasing an additional 8,035 shares during the quarter. MML Investors Services LLC owned about 0.14% of iShares Russell 1000 ETF worth $65,301,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IWB. REAP Financial Group LLC purchased a new stake in iShares Russell 1000 ETF in the 4th quarter valued at $28,000. Advocate Investing Services LLC purchased a new stake in iShares Russell 1000 ETF in the 4th quarter valued at $31,000. Optima Capital LLC purchased a new stake in iShares Russell 1000 ETF in the 4th quarter valued at $32,000. True Wealth Design LLC purchased a new stake in iShares Russell 1000 ETF in the 4th quarter valued at $32,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in iShares Russell 1000 ETF by 78.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock valued at $43,000 after buying an additional 51 shares in the last quarter.

iShares Russell 1000 ETF Stock Up 1.5%

Shares of NYSEARCA:IWB opened at $411.73 on Tuesday. The business has a fifty day moving average of $395.67 and a two-hundred day moving average of $380.94. The stock has a market cap of $48.44 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 52-week low of $325.31 and a 52-week high of $415.11.

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.