Madison Investment Advisors LLC Acquires Shares of 3,189 iShares Russell 1000 ETF (NYSEARCA:IWB)

Madison Investment Advisors LLC acquired a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 3,189 shares of the company’s stock, valued at approximately $1,027,000.

Other institutional investors have also added to or reduced their stakes in the company. Natixis Advisors LLC boosted its position in shares of iShares Russell 1000 ETF by 16.0% during the 3rd quarter. Natixis Advisors LLC now owns 20,544 shares of the company’s stock valued at $6,459,000 after acquiring an additional 2,836 shares during the last quarter. Citigroup Inc. boosted its position in shares of iShares Russell 1000 ETF by 2.1% during the 3rd quarter. Citigroup Inc. now owns 17,910 shares of the company’s stock valued at $5,631,000 after acquiring an additional 366 shares during the last quarter. Meridian Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF during the 3rd quarter valued at approximately $1,324,000. Nwam LLC bought a new position in shares of iShares Russell 1000 ETF during the 3rd quarter valued at approximately $254,000. Finally, GenTrust LLC boosted its position in shares of iShares Russell 1000 ETF by 575.2% during the 3rd quarter. GenTrust LLC now owns 5,942 shares of the company’s stock valued at $1,868,000 after acquiring an additional 5,062 shares during the last quarter.

iShares Russell 1000 ETF Stock Up 0.0 %

Shares of IWB opened at $309.81 on Friday. The company has a market cap of $37.07 billion, a PE ratio of 24.45 and a beta of 1.03. The business has a fifty day moving average of $325.12 and a 200 day moving average of $322.27. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $337.76.

About iShares Russell 1000 ETF

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.