WASHINGTON TRUST Co purchased a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 184,154 shares of the company’s stock, valued at approximately $76,632,000. iShares Russell 1000 ETF comprises about 2.3% of WASHINGTON TRUST Co’s holdings, making the stock its 13th biggest holding. WASHINGTON TRUST Co owned 0.16% of iShares Russell 1000 ETF at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of IWB. Bank of America Corp DE boosted its holdings in shares of iShares Russell 1000 ETF by 4.9% in 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 last quarter. PNC Financial Services Group Inc. raised its holdings in shares of iShares Russell 1000 ETF by 1.4% during the first 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 during the last quarter. Catalyst Capital Advisors LLC raised its holdings in shares of iShares Russell 1000 ETF by 12.2% during 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 last quarter. Fifth Third Bancorp raised its holdings in shares of iShares Russell 1000 ETF by 145.7% during 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 last quarter. Finally, MPS Loria Financial Planners LLC lifted its position in iShares Russell 1000 ETF by 1.2% during the third quarter. MPS Loria Financial Planners LLC now owns 351,528 shares of the company’s stock valued at $146,281,000 after purchasing an additional 4,044 shares during the period.
iShares Russell 1000 ETF Price Performance
NYSEARCA:IWB traded down $1.90 during mid-day trading on Friday, hitting $415.35. The company’s stock had a trading volume of 350,323 shares, compared to its average volume of 998,328. iShares Russell 1000 ETF has a 1 year low of $345.21 and a 1 year high of $427.04. The stock has a market cap of $48.41 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The business’s fifty day moving average is $419.60 and its two-hundred day moving average is $408.89.
About iShares Russell 1000 ETF
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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