iShares Russell 1000 ETF (NYSEARCA:IWB) Sees Large Volume Increase

Shares of iShares Russell 1000 ETF (NYSEARCA:IWBGet Rating) saw unusually-strong trading volume on Thursday . Approximately 143,009 shares traded hands during mid-day trading, a decline of 86% from the previous session’s volume of 1,008,162 shares.The stock last traded at $236.80 and had previously closed at $230.66.

The company has a fifty day moving average price of $242.30 and a 200-day moving average price of $251.27.

Several hedge funds have recently modified their holdings of the company. Tranquility Partners LLC increased its holdings in shares of iShares Russell 1000 ETF by 35.4% in the first quarter. Tranquility Partners LLC now owns 1,404 shares of the company’s stock worth $351,000 after purchasing an additional 367 shares during the last quarter. Capital Asset Advisory Services LLC increased its stake in iShares Russell 1000 ETF by 9.5% during the first quarter. Capital Asset Advisory Services LLC now owns 3,410 shares of the company’s stock worth $853,000 after acquiring an additional 295 shares during the last quarter. Highland Private Wealth Management increased its stake in iShares Russell 1000 ETF by 14.9% during the first quarter. Highland Private Wealth Management now owns 39,896 shares of the company’s stock worth $9,977,000 after acquiring an additional 5,175 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in iShares Russell 1000 ETF by 468.2% during the first quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 6,387 shares of the company’s stock worth $1,597,000 after acquiring an additional 5,263 shares during the last quarter. Finally, Belpointe Asset Management LLC increased its stake in iShares Russell 1000 ETF by 15.3% during the first quarter. Belpointe Asset Management LLC now owns 1,155 shares of the company’s stock worth $289,000 after acquiring an additional 153 shares during the last quarter.

About iShares Russell 1000 ETF (NYSEARCA:IWB)

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.

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