Calamos Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 11,749 shares of the company’s stock, valued at approximately $4,889,000.
Other hedge funds have also recently made changes to their positions in the company. Wealth Dimensions Group Ltd. grew its holdings in iShares Russell 1000 ETF by 3.6% in the 3rd quarter. Wealth Dimensions Group Ltd. now owns 750 shares of the company’s stock worth $312,000 after acquiring an additional 26 shares during the last quarter. Rockland Trust Co. boosted its stake in iShares Russell 1000 ETF by 1.1% during the second quarter. Rockland Trust Co. now owns 2,519 shares of the company’s stock worth $1,032,000 after acquiring an additional 28 shares in the last quarter. Retirement Wealth Solutions LLC grew its stake in shares of iShares Russell 1000 ETF by 1.2% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 2,302 shares of the company’s stock worth $958,000 after buying an additional 28 shares during the last quarter. Global Wealth Strategies & Associates grew its stake in shares of iShares Russell 1000 ETF by 2.1% in the third quarter. Global Wealth Strategies & Associates now owns 1,414 shares of the company’s stock worth $588,000 after acquiring an additional 29 shares during the last quarter. Finally, Beacon Capital Management LLC increased its stake in iShares Russell 1000 ETF by 6.5% during the 3rd quarter. Beacon Capital Management LLC now owns 540 shares of the company’s stock valued at $225,000 after purchasing an additional 33 shares in the last quarter.
iShares Russell 1000 ETF Trading Up 0.4%
IWB traded up $1.52 during trading on Friday, hitting $402.58. 515,623 shares of the company’s stock traded hands, compared to its average volume of 980,728. The stock has a market capitalization of $46.58 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 12-month low of $345.21 and a 12-month high of $427.04. The company’s 50 day simple moving average is $418.34 and its two-hundred day simple moving average is $399.39.
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.
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