iShares Russell 1000 ETF $IWB Shares Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. increased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 10.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,053 shares of the company’s stock after buying an additional 1,430 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares Russell 1000 ETF were worth $5,367,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWB. Bank of America Corp DE grew its stake in shares of iShares Russell 1000 ETF by 14.9% during the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after acquiring an additional 616,717 shares in the last quarter. Allstate Corp lifted its stake in shares of iShares Russell 1000 ETF by 125.4% in the fourth quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock worth $402,632,000 after acquiring an additional 599,755 shares in the last quarter. Millennium Management LLC purchased a new position in iShares Russell 1000 ETF in the fourth quarter valued at about $169,963,000. CIBC Bancorp USA Inc. purchased a new position in iShares Russell 1000 ETF in the third quarter valued at about $133,604,000. Finally, Orion Porfolio Solutions LLC grew its stake in iShares Russell 1000 ETF by 506.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 302,116 shares of the company’s stock valued at $102,590,000 after purchasing an additional 252,307 shares in the last quarter.

iShares Russell 1000 ETF Stock Up 0.4%

Shares of NYSEARCA IWB opened at $411.48 on Wednesday. iShares Russell 1000 ETF has a fifty-two week low of $339.54 and a fifty-two week high of $415.11. The business has a 50 day moving average price of $406.65 and a two-hundred day moving average price of $385.93. The firm has a market cap of $48.60 billion, a PE ratio of 24.71 and a beta of 1.00.

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.