Bank of New York Mellon Corp Cuts Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Bank of New York Mellon Corp decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 173,017 shares of the company’s stock after selling 217 shares during the quarter. Bank of New York Mellon Corp owned about 0.14% of iShares Russell 1000 ETF worth $55,739,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC increased its position in shares of iShares Russell 1000 ETF by 23.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 196 shares of the company’s stock valued at $62,000 after buying an additional 37 shares in the last quarter. Landmark Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the third quarter valued at $1,378,000. Crestwood Advisors Group LLC increased its position in shares of iShares Russell 1000 ETF by 50.9% in the third quarter. Crestwood Advisors Group LLC now owns 5,181 shares of the company’s stock valued at $1,629,000 after buying an additional 1,747 shares in the last quarter. Avidian Wealth Enterprises LLC increased its position in shares of iShares Russell 1000 ETF by 0.6% in the third quarter. Avidian Wealth Enterprises LLC now owns 25,757 shares of the company’s stock valued at $8,098,000 after buying an additional 147 shares in the last quarter. Finally, US Financial Advisors LLC increased its position in shares of iShares Russell 1000 ETF by 2.0% in the third quarter. US Financial Advisors LLC now owns 136,930 shares of the company’s stock valued at $43,049,000 after buying an additional 2,633 shares in the last quarter.

iShares Russell 1000 ETF Stock Down 1.2 %

Shares of IWB stock opened at $316.67 on Wednesday. The stock has a market cap of $37.59 billion, a P/E ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a fifty-two week low of $271.54 and a fifty-two week high of $337.76. The business has a fifty day simple moving average of $329.00 and a 200-day simple moving average of $322.08.

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.