Equity Investment Corp Invests $26.58 Million in iShares Russell 1000 ETF $IWB

Equity Investment Corp bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 71,179 shares of the company’s stock, valued at approximately $26,581,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWB. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of iShares Russell 1000 ETF by 20.2% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 13,623 shares of the company’s stock valued at $5,087,000 after purchasing an additional 2,293 shares during the period. Corepath Wealth Partners LLC raised its stake in shares of iShares Russell 1000 ETF by 495.5% in the 3rd quarter. Corepath Wealth Partners LLC now owns 22,022 shares of the company’s stock valued at $8,123,000 after purchasing an additional 18,324 shares during the period. Mayport LLC acquired a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $878,000. Whittier Trust Co. raised its stake in shares of iShares Russell 1000 ETF by 2.1% in the 4th quarter. Whittier Trust Co. now owns 85,261 shares of the company’s stock valued at $32,352,000 after purchasing an additional 1,746 shares during the period. Finally, Vista Capital Partners Inc. raised its stake in shares of iShares Russell 1000 ETF by 149.0% in the 4th quarter. Vista Capital Partners Inc. now owns 6,026 shares of the company’s stock valued at $2,250,000 after purchasing an additional 3,606 shares during the period.

iShares Russell 1000 ETF Price Performance

IWB opened at $403.53 on Friday. The business’s 50-day moving average price is $393.71 and its two-hundred day moving average price is $380.37. iShares Russell 1000 ETF has a 1 year low of $325.31 and a 1 year high of $415.11. The company has a market capitalization of $47.48 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.