Bridges Investment Management Inc. Makes New Investment in iShares Russell 1000 ETF (NYSEARCA:IWB)

Bridges Investment Management Inc. acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,090 shares of the company’s stock, valued at approximately $6,275,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Waterloo Capital L.P. acquired a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at $4,471,000. Envestnet Asset Management Inc. increased its position in iShares Russell 1000 ETF by 3.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after purchasing an additional 146,971 shares during the last quarter. Miller Investment Management LP bought a new position in iShares Russell 1000 ETF during the fourth quarter valued at approximately $991,000. Guardian Wealth Advisors LLC NC raised its holdings in shares of iShares Russell 1000 ETF by 3.1% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 9,490 shares of the company’s stock valued at $2,489,000 after purchasing an additional 288 shares in the last quarter. Finally, Creative Planning raised its holdings in iShares Russell 1000 ETF by 5.2% during the fourth quarter. Creative Planning now owns 679,933 shares of the company’s stock valued at $178,319,000 after buying an additional 33,645 shares in the last quarter.

iShares Russell 1000 ETF Trading Up 1.7 %

NYSEARCA IWB opened at $313.16 on Friday. The company has a market cap of $38.44 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1 year low of $224.41 and a 1 year high of $314.20. The company has a fifty day simple moving average of $301.55 and a 200 day simple moving average of $292.78.

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.