Brown Brothers Harriman & Co. Purchases 70 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Brown Brothers Harriman & Co. grew its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 8,522 shares of the company’s stock after buying an additional 70 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in iShares Russell 1000 ETF were worth $2,745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Orion Portfolio Solutions LLC raised its position in shares of iShares Russell 1000 ETF by 27.6% in the fourth quarter. Orion Portfolio Solutions LLC now owns 67,690 shares of the company’s stock valued at $21,807,000 after buying an additional 14,657 shares in the last quarter. Frazier Financial Advisors LLC increased its stake in iShares Russell 1000 ETF by 120.3% during the 4th quarter. Frazier Financial Advisors LLC now owns 661 shares of the company’s stock worth $214,000 after acquiring an additional 361 shares during the period. AssuredPartners Investment Advisors LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at $430,000. JPMorgan Chase & Co. lifted its position in shares of iShares Russell 1000 ETF by 6.4% during the 4th quarter. JPMorgan Chase & Co. now owns 1,264,126 shares of the company’s stock valued at $407,251,000 after acquiring an additional 76,556 shares during the period. Finally, Foundation Wealth Management LLC PA acquired a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth $2,223,000.

iShares Russell 1000 ETF Stock Down 2.0 %

IWB stock opened at $305.03 on Friday. iShares Russell 1000 ETF has a 52 week low of $271.54 and a 52 week high of $337.76. The business has a 50-day simple moving average of $323.87 and a 200 day simple moving average of $322.71. The company has a market cap of $36.50 billion, a PE ratio of 24.45 and a beta of 1.03.

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.