Thoroughbred Financial Services LLC Invests $270,000 in iShares Russell 1000 ETF (NYSEARCA:IWB)

Thoroughbred Financial Services LLC bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 908 shares of the company’s stock, valued at approximately $270,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Pathstone Holdings LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at $303,994,000. Jones Financial Companies Lllp raised its stake in iShares Russell 1000 ETF by 2.8% in the fourth quarter. Jones Financial Companies Lllp now owns 8,379,815 shares of the company’s stock valued at $2,197,690,000 after buying an additional 227,252 shares during the last quarter. Winthrop Advisory Group LLC raised its stake in iShares Russell 1000 ETF by 392.0% in the first quarter. Winthrop Advisory Group LLC now owns 254,787 shares of the company’s stock valued at $73,386,000 after buying an additional 203,000 shares during the last quarter. Cetera Investment Advisers boosted its holdings in iShares Russell 1000 ETF by 198.8% in the first quarter. Cetera Investment Advisers now owns 272,822 shares of the company’s stock worth $78,581,000 after acquiring an additional 181,531 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of iShares Russell 1000 ETF by 3.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after acquiring an additional 146,971 shares during the last quarter.

iShares Russell 1000 ETF Stock Up 0.1 %

IWB opened at $308.64 on Wednesday. The firm’s 50-day moving average price is $301.34 and its 200-day moving average price is $292.53. The company has a market cap of $37.89 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $224.41 and a 52-week high of $310.58.

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.