856 Shares in iShares Russell 1000 ETF (NYSEARCA:IWB) Acquired by West Michigan Advisors LLC

West Michigan Advisors LLC purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 856 shares of the company’s stock, valued at approximately $276,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Clarkston Capital Partners LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter valued at $32,000. Archer Investment Corp bought a new stake in iShares Russell 1000 ETF in the third quarter worth $37,000. Crews Bank & Trust purchased a new stake in iShares Russell 1000 ETF during the fourth quarter valued at about $37,000. Golden State Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF during the fourth quarter valued at about $37,000. Finally, Centricity Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth about $39,000.

iShares Russell 1000 ETF Trading Up 1.6 %

NYSEARCA IWB opened at $326.39 on Friday. The firm has a market cap of $38.74 billion, a PE ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a 1-year low of $271.54 and a 1-year high of $337.76. The stock has a 50-day moving average of $329.40 and a 200-day moving average of $321.69.

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.