Stonehearth Capital Management LLC bought a new stake in iShares Russell 1000 Index (NYSEARCA:IWB) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,049 shares of the company’s stock, valued at approximately $156,000.

A number of other large investors also recently modified their holdings of the business. Capital City Trust Co. FL grew its holdings in iShares Russell 1000 Index by 6.5% in the 4th quarter. Capital City Trust Co. FL now owns 30,409 shares of the company’s stock valued at $4,253,000 after buying an additional 1,855 shares in the last quarter. Simplex Trading LLC purchased a new position in shares of iShares Russell 1000 Index during the 4th quarter worth $398,000. ETF Portfolio Partners Inc. grew its holdings in shares of iShares Russell 1000 Index by 0.5% during the 4th quarter. ETF Portfolio Partners Inc. now owns 93,419 shares of the company’s stock worth $13,883,000 after purchasing an additional 432 shares during the period. Finally, Vista Private Wealth Partners. LLC purchased a new position in shares of iShares Russell 1000 Index during the 3rd quarter worth $724,000.

iShares Russell 1000 Index (IWB) traded up $0.99 during midday trading on Friday, hitting $154.67. The stock had a trading volume of 1,202,170 shares, compared to its average volume of 906,044. The stock has a market cap of $20,730.00 and a PE ratio of 13.14. iShares Russell 1000 Index has a fifty-two week low of $125.58 and a fifty-two week high of $154.76.

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Friday, December 22nd were issued a dividend of $0.6424 per share. This represents a $2.57 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date was Thursday, December 21st. iShares Russell 1000 Index’s dividend payout ratio is presently 20.65%.

ILLEGAL ACTIVITY NOTICE: This piece was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and international copyright and trademark law. The legal version of this piece can be accessed at https://www.watchlistnews.com/stonehearth-capital-management-llc-invests-156000-in-ishares-russell-1000-index-iwb-stock/1804861.html.

iShares Russell 1000 Index 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.

Want to see what other hedge funds are holding IWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Index (NYSEARCA:IWB).

Institutional Ownership by Quarter for iShares Russell 1000 Index (NYSEARCA:IWB)

Receive News & Ratings for iShares Russell 1000 Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Index and related companies with MarketBeat.com's FREE daily email newsletter.