Bessemer Group Inc. Grows Stock Holdings in iShares Russell 1000 ETF $IWB

Bessemer Group Inc. lifted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.4% during the first quarter, HoldingsChannel.com reports. The firm owned 45,173 shares of the company’s stock after purchasing an additional 3,110 shares during the quarter. Bessemer Group Inc.’s holdings in iShares Russell 1000 ETF were worth $16,107,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in IWB. Optivise Advisory Services LLC increased its position in iShares Russell 1000 ETF by 0.6% during the 4th quarter. Optivise Advisory Services LLC now owns 4,432 shares of the company’s stock valued at $1,655,000 after buying an additional 27 shares in the last quarter. Oak Harbor Wealth Partners LLC raised its stake in iShares Russell 1000 ETF by 15.2% during the fourth quarter. Oak Harbor Wealth Partners LLC now owns 205 shares of the company’s stock valued at $77,000 after buying an additional 27 shares during the last quarter. Waterfront Wealth Inc. boosted its holdings in iShares Russell 1000 ETF by 0.9% in the fourth quarter. Waterfront Wealth Inc. now owns 3,095 shares of the company’s stock worth $1,175,000 after acquiring an additional 29 shares in the last quarter. Flagship Private Wealth LLC boosted its holdings in iShares Russell 1000 ETF by 2.1% in the fourth quarter. Flagship Private Wealth LLC now owns 1,396 shares of the company’s stock worth $521,000 after acquiring an additional 29 shares in the last quarter. Finally, Lansing Street Advisors boosted its holdings in iShares Russell 1000 ETF by 0.3% in the fourth quarter. Lansing Street Advisors now owns 10,286 shares of the company’s stock worth $3,841,000 after acquiring an additional 30 shares in the last quarter.

iShares Russell 1000 ETF Trading Down 1.0%

NYSEARCA IWB 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 stock’s fifty day moving average price is $407.20 and its 200-day moving average price is $386.55. The stock has a market cap of $48.03 billion, a P/E 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.