Brand Asset Management Group Inc. Decreases Stake in iShares Russell 1000 ETF $IWB

Brand Asset Management Group Inc. lowered its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,331 shares of the company’s stock after selling 41 shares during the quarter. iShares Russell 1000 ETF accounts for about 0.9% of Brand Asset Management Group Inc.’s investment portfolio, making the stock its 25th biggest holding. Brand Asset Management Group Inc.’s holdings in iShares Russell 1000 ETF were worth $2,489,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IWB. Brighton Jones LLC raised its stake in shares of iShares Russell 1000 ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock worth $58,807,000 after purchasing an additional 6,006 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of iShares Russell 1000 ETF by 56.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock worth $486,000 after purchasing an additional 542 shares during the last quarter. Deutsche Bank AG raised its stake in shares of iShares Russell 1000 ETF by 40.1% in the fourth quarter. Deutsche Bank AG now owns 1,017 shares of the company’s stock worth $328,000 after purchasing an additional 291 shares during the last quarter. Two Sigma Investments LP raised its stake in shares of iShares Russell 1000 ETF by 175.8% in the fourth quarter. Two Sigma Investments LP now owns 379,000 shares of the company’s stock worth $122,099,000 after purchasing an additional 241,600 shares during the last quarter. Finally, St. Clair Advisors LLC purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth $4,786,000.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $363.22 on Tuesday. iShares Russell 1000 ETF has a 1-year low of $264.17 and a 1-year high of $363.47. The business has a fifty day moving average price of $350.62 and a 200-day moving average price of $326.85. The stock has a market capitalization of $44.26 billion, a P/E ratio of 24.71 and a beta of 1.01.

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.