Kendall Capital Management Increases Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Kendall Capital Management boosted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 226.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,692 shares of the company’s stock after acquiring an additional 2,560 shares during the quarter. Kendall Capital Management’s holdings in iShares Russell 1000 ETF were worth $1,189,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Clarkston Capital Partners LLC purchased a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at about $32,000. Archer Investment Corp purchased a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at about $37,000. Crews Bank & Trust purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $37,000. Golden State Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $37,000. Finally, Centricity Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $39,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $315.98 on Friday. The stock has a 50-day simple moving average of $328.25 and a 200-day simple moving average of $322.19. The stock has a market capitalization of $37.51 billion, a PE ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a 1 year low of $271.54 and a 1 year high of $337.76.

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.