Citigroup Inc. increased its stake in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 2.1% during the third quarter, according to its most recent filing with the SEC. The fund owned 17,910 shares of the company’s stock after buying an additional 366 shares during the quarter. Citigroup Inc.’s holdings in iShares Russell 1000 ETF were worth $5,631,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of IWB. Etesian Wealth Advisors Inc. increased its holdings in shares of iShares Russell 1000 ETF by 32.0% in the third quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock worth $390,000 after buying an additional 301 shares during the period. Mechanics Bank Trust Department purchased a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth $597,000. Morton Capital Management LLC CA boosted its position in shares of iShares Russell 1000 ETF by 0.9% in the third quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock worth $1,592,000 after purchasing an additional 43 shares during the period. First Citizens Bank & Trust Co. boosted its position in shares of iShares Russell 1000 ETF by 125.2% during the third quarter. First Citizens Bank & Trust Co. now owns 11,686 shares of the company’s stock worth $3,674,000 after acquiring an additional 6,497 shares during the last quarter. Finally, Highland Capital Management LLC grew its holdings in shares of iShares Russell 1000 ETF by 10.9% in the second quarter. Highland Capital Management LLC now owns 10,772 shares of the company’s stock valued at $3,205,000 after purchasing an additional 1,061 shares in the last quarter.
iShares Russell 1000 ETF Stock Up 0.6 %
Shares of IWB opened at $332.53 on Monday. The business has a fifty day moving average of $320.19 and a 200 day moving average of $306.40. The company has a market cap of $40.82 billion, a PE ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $249.15 and a 52-week high of $333.01.
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.
Further Reading
- Five stocks we like better than iShares Russell 1000 ETF
- What Do S&P 500 Stocks Tell Investors About the Market?
- Analog Devices: Why the Uptrend Could Accelerate in 2025
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Texas Pacific Land: Permian Basin Powerhouse With an AI Edge
- What Does Downgrade Mean in Investing?
- ServiceNow: Will the High-Flyer Finally Split in 2024?
Receive News & Ratings for iShares Russell 1000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.