Keel Point LLC acquired a new position in shares of iShares Russell 1000 Index (NYSEARCA:IWB) during the fourth quarter, Holdings Channel reports. The fund acquired 69,526 shares of the company’s stock, valued at approximately $10,332,000. iShares Russell 1000 Index makes up approximately 1.4% of Keel Point LLC’s portfolio, making the stock its 19th largest position.

A number of other hedge funds also recently added to or reduced their stakes in IWB. Brookstone Capital Management purchased a new stake in shares of iShares Russell 1000 Index in the fourth quarter valued at about $337,000. Bronfman E.L. Rothschild L.P. lifted its holdings in shares of iShares Russell 1000 Index by 7.9% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 18,831 shares of the company’s stock valued at $2,798,000 after purchasing an additional 1,384 shares in the last quarter. Trilogy Capital Inc. purchased a new stake in shares of iShares Russell 1000 Index in the fourth quarter valued at about $40,369,000. Glenview Trust Co lifted its holdings in shares of iShares Russell 1000 Index by 3.7% in the fourth quarter. Glenview Trust Co now owns 39,640 shares of the company’s stock valued at $5,890,000 after purchasing an additional 1,420 shares in the last quarter. Finally, M&T Bank Corp lifted its holdings in shares of iShares Russell 1000 Index by 8.3% in the fourth quarter. M&T Bank Corp now owns 1,563,295 shares of the company’s stock valued at $232,321,000 after purchasing an additional 119,716 shares in the last quarter.

Shares of iShares Russell 1000 Index (NYSEARCA:IWB) opened at $147.49 on Tuesday. iShares Russell 1000 Index has a fifty-two week low of $128.86 and a fifty-two week high of $159.31. The stock has a market cap of $19,700.00 and a PE ratio of 12.53.

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About iShares Russell 1000 Index

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 Index (NYSEARCA:IWB)

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