Scharf Investments LLC Has $3.26 Million Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Scharf Investments LLC raised its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 881.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 10,113 shares of the company’s stock after purchasing an additional 9,083 shares during the period. Scharf Investments LLC’s holdings in iShares Russell 1000 ETF were worth $3,258,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Etesian Wealth Advisors Inc. boosted its position in iShares Russell 1000 ETF by 32.0% during the third quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock valued at $390,000 after acquiring an additional 301 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares Russell 1000 ETF in the fourth quarter worth approximately $51,000. Mechanics Bank Trust Department bought a new position in iShares Russell 1000 ETF in the third quarter worth approximately $597,000. Morton Capital Management LLC CA grew its stake in iShares Russell 1000 ETF by 0.9% in the third quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock valued at $1,592,000 after acquiring an additional 43 shares during the period. Finally, First Citizens Bank & Trust Co. increased its holdings in shares of iShares Russell 1000 ETF by 125.2% during the third quarter. First Citizens Bank & Trust Co. now owns 11,686 shares of the company’s stock valued at $3,674,000 after acquiring an additional 6,497 shares in the last quarter.

iShares Russell 1000 ETF Stock Down 0.5 %

Shares of IWB opened at $332.16 on Friday. The business’s fifty day moving average is $329.17 and its 200 day moving average is $316.43. iShares Russell 1000 ETF has a 12-month low of $265.70 and a 12-month high of $336.61. The stock has a market cap of $40.77 billion, a P/E ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

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.