iShares Russell 1000 ETF (NYSEARCA:IWB) is Financial Management Professionals Inc.’s 4th Largest Position

Financial Management Professionals Inc. increased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 112,706 shares of the company’s stock after acquiring an additional 4,651 shares during the period. iShares Russell 1000 ETF makes up about 6.8% of Financial Management Professionals Inc.’s portfolio, making the stock its 4th biggest holding. Financial Management Professionals Inc. owned about 0.09% of iShares Russell 1000 ETF worth $18,545,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. BT Wealth Management LLC grew its position in shares of iShares Russell 1000 ETF by 0.4% during the 3rd quarter. BT Wealth Management LLC now owns 323,381 shares of the company’s stock valued at $53,209,000 after acquiring an additional 1,131 shares during the period. Northside Capital Management LLC grew its position in shares of iShares Russell 1000 ETF by 25.8% during the 3rd quarter. Northside Capital Management LLC now owns 2,181 shares of the company’s stock valued at $359,000 after acquiring an additional 447 shares during the period. Evanson Asset Management LLC grew its position in shares of iShares Russell 1000 ETF by 7.9% during the 3rd quarter. Evanson Asset Management LLC now owns 12,901 shares of the company’s stock valued at $2,123,000 after acquiring an additional 940 shares during the period. Truewealth LLC grew its position in shares of iShares Russell 1000 ETF by 2.3% during the 3rd quarter. Truewealth LLC now owns 15,516 shares of the company’s stock valued at $2,553,000 after acquiring an additional 346 shares during the period. Finally, Winthrop Advisory Group LLC grew its position in shares of iShares Russell 1000 ETF by 0.8% during the 3rd quarter. Winthrop Advisory Group LLC now owns 118,561 shares of the company’s stock valued at $19,508,000 after acquiring an additional 983 shares during the period.

Shares of NYSEARCA:IWB traded up $1.76 during trading on Friday, reaching $164.25. 63,223 shares of the company’s stock traded hands, compared to its average volume of 1,036,414. iShares Russell 1000 ETF has a fifty-two week low of $129.68 and a fifty-two week high of $168.10. The company has a 50-day simple moving average of $163.48 and a 200-day simple moving average of $161.88.

The firm also recently announced a — dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.722 per share. This represents a dividend yield of 1.9%. The ex-dividend date was Tuesday, September 24th.

iShares Russell 1000 ETF Company 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.

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Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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