Thrive Wealth Management LLC Acquires 920 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Thrive Wealth Management LLC raised its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 76.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,124 shares of the company’s stock after acquiring an additional 920 shares during the period. Thrive Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $684,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWB. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of iShares Russell 1000 ETF by 398.0% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock worth $313,132,000 after buying an additional 796,000 shares during the period. International Assets Investment Management LLC raised its stake in shares of iShares Russell 1000 ETF by 26,328.0% during the third quarter. International Assets Investment Management LLC now owns 605,201 shares of the company’s stock valued at $190,269,000 after acquiring an additional 602,911 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of iShares Russell 1000 ETF by 4,016.4% during the second quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock worth $106,373,000 after purchasing an additional 348,824 shares during the period. Financial Advocates Investment Management purchased a new stake in shares of iShares Russell 1000 ETF during the third quarter worth about $28,903,000. Finally, Argent Capital Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the fourth quarter worth about $27,324,000.

iShares Russell 1000 ETF Price Performance

IWB opened at $329.39 on Monday. iShares Russell 1000 ETF has a one year low of $260.02 and a one year high of $336.18. The business has a 50 day simple moving average of $328.00 and a two-hundred day simple moving average of $314.68. The firm has a market capitalization of $40.43 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

iShares Russell 1000 ETF Company 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.