MV Capital Management Inc. Has $7.57 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

MV Capital Management Inc. lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.6% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 26,293 shares of the company’s stock after selling 148 shares during the period. iShares Russell 1000 ETF makes up 0.9% of MV Capital Management Inc.’s investment portfolio, making the stock its 29th biggest holding. MV Capital Management Inc.’s holdings in iShares Russell 1000 ETF were worth $7,573,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Jones Financial Companies Lllp raised its position in iShares Russell 1000 ETF by 2.8% in the fourth quarter. Jones Financial Companies Lllp now owns 8,379,815 shares of the company’s stock worth $2,197,690,000 after purchasing an additional 227,252 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares Russell 1000 ETF by 3.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after purchasing an additional 146,971 shares during the period. M&T Bank Corp lifted its stake in iShares Russell 1000 ETF by 1.1% during the fourth quarter. M&T Bank Corp now owns 2,954,718 shares of the company’s stock worth $774,904,000 after purchasing an additional 31,595 shares during the period. Wells Fargo & Company MN lifted its stake in iShares Russell 1000 ETF by 2.2% during the fourth quarter. Wells Fargo & Company MN now owns 1,427,248 shares of the company’s stock worth $374,310,000 after purchasing an additional 30,635 shares during the period. Finally, Johnson Investment Counsel Inc. lifted its stake in iShares Russell 1000 ETF by 2.1% during the fourth quarter. Johnson Investment Counsel Inc. now owns 1,225,799 shares of the company’s stock worth $321,478,000 after purchasing an additional 25,434 shares during the period.

iShares Russell 1000 ETF Stock Up 0.7 %

IWB traded up $2.02 during midday trading on Tuesday, reaching $300.17. 729,428 shares of the company’s stock were exchanged, compared to its average volume of 813,537. The firm has a market capitalization of $36.85 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a one year low of $224.41 and a one year high of $300.83. The business has a 50-day simple moving average of $289.57 and a two-hundred day simple moving average of $279.29.

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.