iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Bought by Merit Financial Group LLC

Merit Financial Group LLC lifted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 211.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 28,344 shares of the company’s stock after acquiring an additional 19,243 shares during the quarter. Merit Financial Group LLC’s holdings in iShares Russell 1000 ETF were worth $9,131,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC raised its holdings in shares of iShares Russell 1000 ETF by 239.3% during the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after purchasing an additional 67 shares during the period. Winch Advisory Services LLC bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $30,000. Clarkston Capital Partners LLC acquired a new stake in iShares Russell 1000 ETF during the third quarter worth about $32,000. Archer Investment Corp bought a new position in iShares Russell 1000 ETF in the third quarter worth about $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Russell 1000 ETF in the fourth quarter valued at approximately $51,000.

iShares Russell 1000 ETF Trading Up 1.0 %

NYSEARCA:IWB opened at $329.39 on Friday. The stock has a 50 day moving average of $327.99 and a 200-day moving average of $314.36. The firm has a market capitalization of $40.43 billion, a PE ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52 week low of $260.02 and a 52 week high of $336.18.

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.