Assetmark Inc. Has $1.30 Million Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Assetmark Inc. increased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 231.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,125 shares of the company’s stock after purchasing an additional 2,880 shares during the quarter. Assetmark Inc.’s holdings in iShares Russell 1000 ETF were worth $1,297,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in IWB. Empowered Funds LLC bought a new position in shares of iShares Russell 1000 ETF in the first quarter valued at approximately $204,000. Headlands Technologies LLC bought a new position in iShares Russell 1000 ETF in the 1st quarter valued at $106,000. Dorsey & Whitney Trust CO LLC grew its holdings in shares of iShares Russell 1000 ETF by 2.2% during the first quarter. Dorsey & Whitney Trust CO LLC now owns 6,571 shares of the company’s stock worth $1,893,000 after purchasing an additional 140 shares during the last quarter. 1ST Source Bank increased its stake in shares of iShares Russell 1000 ETF by 7.7% in the first quarter. 1ST Source Bank now owns 1,780 shares of the company’s stock valued at $513,000 after buying an additional 128 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of iShares Russell 1000 ETF by 3.8% in the first quarter. Vanguard Group Inc. now owns 9,705 shares of the company’s stock valued at $2,795,000 after buying an additional 353 shares in the last quarter.

iShares Russell 1000 ETF Stock Down 0.7 %

Shares of NYSEARCA:IWB opened at $326.66 on Friday. The firm has a market cap of $40.10 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 12 month low of $245.70 and a 12 month high of $330.43. The company’s 50-day moving average price is $314.76 and its two-hundred day moving average price is $302.47.

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.