Cortland Associates Inc. MO Purchases New Holdings in iShares Russell 1000 ETF $IWB

Cortland Associates Inc. MO purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the third quarter, HoldingsChannel.com reports. The firm purchased 3,038 shares of the company’s stock, valued at approximately $1,264,000.

A number of other hedge funds also recently made changes to their positions in the stock. Rockland Trust Co. grew its stake in shares of iShares Russell 1000 ETF by 1.1% during the 2nd quarter. Rockland Trust Co. now owns 2,519 shares of the company’s stock valued at $1,032,000 after buying an additional 28 shares during the period. Retirement Wealth Solutions LLC raised its position in shares of iShares Russell 1000 ETF by 1.2% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 2,302 shares of the company’s stock worth $958,000 after buying an additional 28 shares during the period. Global Wealth Strategies & Associates boosted its holdings in iShares Russell 1000 ETF by 2.1% in the third quarter. Global Wealth Strategies & Associates now owns 1,414 shares of the company’s stock valued at $588,000 after acquiring an additional 29 shares during the last quarter. Beacon Capital Management LLC boosted its holdings in iShares Russell 1000 ETF by 6.5% in the third quarter. Beacon Capital Management LLC now owns 540 shares of the company’s stock valued at $225,000 after acquiring an additional 33 shares during the last quarter. Finally, Gemmer Asset Management LLC boosted its holdings in iShares Russell 1000 ETF by 0.5% in the third quarter. Gemmer Asset Management LLC now owns 7,134 shares of the company’s stock valued at $2,968,000 after acquiring an additional 35 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

NYSEARCA IWB opened at $411.45 on Tuesday. The firm has a market capitalization of $47.93 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1-year low of $345.21 and a 1-year high of $427.04. The business’s 50-day simple moving average is $419.22 and its 200-day simple moving average is $398.76.

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.