ZWJ Investment Counsel Inc. acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 6,337 shares of the company’s stock, valued at approximately $2,637,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWB. Bank of America Corp DE lifted its position in shares of iShares Russell 1000 ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock valued at $1,838,275,000 after acquiring an additional 240,695 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of iShares Russell 1000 ETF by 1.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock worth $830,623,000 after purchasing an additional 32,054 shares in the last quarter. Catalyst Capital Advisors LLC increased its position in shares of iShares Russell 1000 ETF by 12.2% in the first quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock worth $585,376,000 after purchasing an additional 179,128 shares during the period. Fifth Third Bancorp increased its position in shares of iShares Russell 1000 ETF by 145.7% in the first quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock worth $303,069,000 after purchasing an additional 504,045 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of iShares Russell 1000 ETF by 2.4% in the first quarter. Cetera Investment Advisers now owns 361,081 shares of the company’s stock worth $128,747,000 after purchasing an additional 8,550 shares during the period.
iShares Russell 1000 ETF Stock Down 1.2%
IWB stock opened at $419.75 on Thursday. The company has a market cap of $48.98 billion, a PE ratio of 24.71 and a beta of 1.00. The business has a 50-day simple moving average of $420.25 and a 200 day simple moving average of $406.13. iShares Russell 1000 ETF has a 52 week low of $345.21 and a 52 week high of $427.04.
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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