Sigma Investment Counselors Inc. Acquires New Position in iShares Russell 1000 ETF $IWB

Sigma Investment Counselors Inc. bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 102,305 shares of the company’s stock, valued at approximately $42,572,000. iShares Russell 1000 ETF comprises 2.0% of Sigma Investment Counselors Inc.’s portfolio, making the stock its 9th biggest holding. Sigma Investment Counselors Inc. owned approximately 0.09% of iShares Russell 1000 ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Evensky & Katz LLC purchased a new position in shares of iShares Russell 1000 ETF during the 3rd quarter worth $4,096,000. WestEnd Advisors LLC acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter worth $390,000. William Mack & Associates Inc. purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at $68,000. Foresight Capital Management Advisors Inc. purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at $125,000. Finally, SYM FINANCIAL Corp purchased a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at $74,000.

iShares Russell 1000 ETF Trading Up 0.6%

iShares Russell 1000 ETF stock opened at $420.41 on Wednesday. The firm has a market capitalization of $49.00 billion, a P/E ratio of 24.71 and a beta of 1.00. The stock has a fifty day moving average price of $419.47 and a 200 day moving average price of $398.02. iShares Russell 1000 ETF has a 52 week low of $345.21 and a 52 week high of $427.04.

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.