Montecito Bank & Trust Purchases Shares of 3,699 iShares Russell 1000 ETF $IWB

Montecito Bank & Trust purchased a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,699 shares of the company’s stock, valued at approximately $1,352,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWB. Flow Traders U.S. LLC acquired a new position in shares of iShares Russell 1000 ETF in the 2nd quarter valued at $1,485,000. Diversified Enterprises LLC acquired a new position in shares of iShares Russell 1000 ETF in the second quarter valued at about $229,000. 17 Capital Partners LLC raised its stake in shares of iShares Russell 1000 ETF by 5.6% in the second quarter. 17 Capital Partners LLC now owns 4,853 shares of the company’s stock worth $1,648,000 after purchasing an additional 257 shares during the last quarter. Cambridge Financial Group LLC raised its stake in shares of iShares Russell 1000 ETF by 141.8% in the third quarter. Cambridge Financial Group LLC now owns 11,717 shares of the company’s stock worth $4,282,000 after purchasing an additional 6,872 shares during the last quarter. Finally, Beacon Pointe Advisors LLC lifted its holdings in shares of iShares Russell 1000 ETF by 0.9% during the second quarter. Beacon Pointe Advisors LLC now owns 116,486 shares of the company’s stock worth $39,555,000 after purchasing an additional 1,066 shares during the period.

iShares Russell 1000 ETF Stock Down 1.1%

Shares of NYSEARCA IWB opened at $366.93 on Thursday. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $378.00. The business’s 50 day moving average price is $369.86 and its 200 day moving average price is $355.78. The firm has a market cap of $44.18 billion, a P/E ratio of 24.71 and a beta of 1.01.

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.