Thrivent Financial for Lutherans Purchases 49,660 Shares of iShares Russell 1000 ETF $IWB

Thrivent Financial for Lutherans increased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1,247.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 53,641 shares of the company’s stock after buying an additional 49,660 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Russell 1000 ETF were worth $19,604,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CWS Financial Advisors LLC bought a new position in iShares Russell 1000 ETF in the 3rd quarter worth $201,000. Howard Capital Management Inc. acquired a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at about $247,000. Berman McAleer LLC bought a new position in shares of iShares Russell 1000 ETF in the third quarter worth about $2,166,000. Cornerstone Wealth Management LLC increased its stake in shares of iShares Russell 1000 ETF by 3.1% in the third quarter. Cornerstone Wealth Management LLC now owns 1,508 shares of the company’s stock worth $551,000 after purchasing an additional 45 shares during the period. Finally, Townsquare Capital LLC acquired a new position in shares of iShares Russell 1000 ETF during the 3rd quarter worth about $336,000.

iShares Russell 1000 ETF Stock Down 0.9%

IWB opened at $377.31 on Wednesday. The stock’s 50 day moving average price is $376.35 and its two-hundred day moving average price is $366.06. The firm has a market capitalization of $46.41 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $382.34.

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.