Crestmont Private Wealth LLC Has $4.88 Million Position in iShares Russell 1000 ETF $IWB

Crestmont Private Wealth LLC grew its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 189.0% during the fourth quarter, HoldingsChannel reports. The firm owned 13,070 shares of the company’s stock after buying an additional 8,548 shares during the quarter. iShares Russell 1000 ETF accounts for about 1.6% of Crestmont Private Wealth LLC’s investment portfolio, making the stock its 13th largest holding. Crestmont Private Wealth LLC’s holdings in iShares Russell 1000 ETF were worth $4,881,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. raised its holdings in iShares Russell 1000 ETF by 20.2% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 13,623 shares of the company’s stock valued at $5,087,000 after buying an additional 2,293 shares during the last quarter. Corepath Wealth Partners LLC raised its position in iShares Russell 1000 ETF by 495.5% during the 3rd quarter. Corepath Wealth Partners LLC now owns 22,022 shares of the company’s stock worth $8,123,000 after purchasing an additional 18,324 shares during the last quarter. Mayport LLC bought a new position in iShares Russell 1000 ETF during the 4th quarter worth $878,000. Vista Capital Partners Inc. raised its position in iShares Russell 1000 ETF by 149.0% during the 4th quarter. Vista Capital Partners Inc. now owns 6,026 shares of the company’s stock worth $2,250,000 after purchasing an additional 3,606 shares during the last quarter. Finally, TD Waterhouse Canada Inc. bought a new position in iShares Russell 1000 ETF during the 4th quarter worth $1,344,000.

iShares Russell 1000 ETF Stock Up 0.2%

Shares of NYSEARCA:IWB opened at $413.93 on Tuesday. The firm has a market cap of $48.70 billion, a P/E ratio of 24.71 and a beta of 1.00. The business has a fifty day simple moving average of $385.44 and a 200 day simple moving average of $378.02. iShares Russell 1000 ETF has a 12-month low of $321.31 and a 12-month high of $414.89.

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.