Prosperity Consulting Group LLC Purchases 3,204 Shares of iShares Russell 1000 ETF $IWB

Prosperity Consulting Group LLC lifted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 100.1% in the 1st quarter, Holdings Channel reports. The institutional investor owned 6,404 shares of the company’s stock after purchasing an additional 3,204 shares during the quarter. Prosperity Consulting Group LLC’s holdings in iShares Russell 1000 ETF were worth $2,284,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IWB. Bank of America Corp DE lifted its stake in iShares Russell 1000 ETF by 14.9% in the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after acquiring an additional 616,717 shares in the last quarter. Allstate Corp grew its stake in shares of iShares Russell 1000 ETF by 125.4% during the 4th quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock worth $402,632,000 after acquiring an additional 599,755 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of iShares Russell 1000 ETF by 145.7% in the first quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock valued at $303,069,000 after purchasing an additional 504,045 shares during the last quarter. Millennium Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $169,963,000. Finally, Orion Porfolio Solutions LLC lifted its position in shares of iShares Russell 1000 ETF by 506.5% in the second quarter. Orion Porfolio Solutions LLC now owns 302,116 shares of the company’s stock worth $102,590,000 after purchasing an additional 252,307 shares in the last quarter.

iShares Russell 1000 ETF Stock Down 1.0%

Shares of IWB stock opened at $406.71 on Friday. iShares Russell 1000 ETF has a 12 month low of $340.11 and a 12 month high of $415.11. The company’s fifty day simple moving average is $407.20 and its 200-day simple moving average is $386.55. The firm has a market cap of $48.03 billion, a PE ratio of 24.71 and a beta of 1.00.

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.