iShares Russell 1000 ETF $IWB Stake Lifted by FineMark National Bank & Trust

FineMark National Bank & Trust lifted its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 73,430 shares of the company’s stock after acquiring an additional 1,168 shares during the quarter. iShares Russell 1000 ETF comprises about 0.8% of FineMark National Bank & Trust’s investment portfolio, making the stock its 23rd biggest holding. FineMark National Bank & Trust owned 0.06% of iShares Russell 1000 ETF worth $24,935,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of iShares Russell 1000 ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock valued at $58,807,000 after purchasing an additional 6,006 shares during the period. Revolve Wealth Partners LLC grew its holdings in iShares Russell 1000 ETF by 56.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock worth $486,000 after acquiring an additional 542 shares during the period. J.W. Cole Advisors Inc. raised its position in iShares Russell 1000 ETF by 46.7% in the first quarter. J.W. Cole Advisors Inc. now owns 7,057 shares of the company’s stock worth $2,165,000 after acquiring an additional 2,246 shares in the last quarter. Crestwood Advisors Group LLC lifted its holdings in iShares Russell 1000 ETF by 12.2% in the 1st quarter. Crestwood Advisors Group LLC now owns 8,265 shares of the company’s stock valued at $2,535,000 after acquiring an additional 897 shares during the last quarter. Finally, Clifford Swan Investment Counsel LLC lifted its holdings in iShares Russell 1000 ETF by 10.1% in the 1st quarter. Clifford Swan Investment Counsel LLC now owns 2,573 shares of the company’s stock valued at $789,000 after acquiring an additional 235 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $361.36 on Wednesday. The firm’s 50 day moving average is $367.02 and its 200-day moving average is $348.38. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $377.77. The stock has a market capitalization of $43.51 billion, a P/E ratio of 24.71 and a beta of 1.01.

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.