Tandem Capital Management Corp ADV Has $734,000 Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Tandem Capital Management Corp ADV increased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,800 shares of the company’s stock after purchasing an additional 45 shares during the quarter. Tandem Capital Management Corp ADV’s holdings in iShares Russell 1000 ETF were worth $734,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of IWB. Mascoma Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF during the fourth quarter worth about $25,000. Cullen Frost Bankers Inc. bought a new stake in iShares Russell 1000 ETF in the 3rd quarter valued at approximately $28,000. Baystate Wealth Management LLC boosted its position in iShares Russell 1000 ETF by 70.8% during the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after acquiring an additional 51 shares during the last quarter. Stonebridge Capital Advisors LLC raised its holdings in shares of iShares Russell 1000 ETF by 113.0% in the third quarter. Stonebridge Capital Advisors LLC now owns 196 shares of the company’s stock valued at $46,000 after purchasing an additional 104 shares during the last quarter. Finally, Eukles Asset Management raised its holdings in shares of iShares Russell 1000 ETF by 54.7% in the third quarter. Eukles Asset Management now owns 263 shares of the company’s stock valued at $62,000 after purchasing an additional 93 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock traded down $1.04 during mid-day trading on Thursday, reaching $276.88. The company’s stock had a trading volume of 296,207 shares, compared to its average volume of 723,374. iShares Russell 1000 ETF has a 12 month low of $221.31 and a 12 month high of $288.75. The business’s 50 day simple moving average is $281.37 and its 200 day simple moving average is $263.22. The company has a market capitalization of $34.10 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01.

iShares Russell 1000 ETF 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.