Midwest Trust Co Increases Stake in iShares Russell 1000 ETF $IWB

Midwest Trust Co grew its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,581 shares of the company’s stock after acquiring an additional 1,378 shares during the period. Midwest Trust Co’s holdings in iShares Russell 1000 ETF were worth $4,842,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IWB. REAP Financial Group LLC bought a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at $28,000. Sound Income Strategies LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 1st quarter worth $28,000. Advocate Investing Services LLC bought a new position in iShares Russell 1000 ETF in the 4th quarter worth $31,000. True Wealth Design LLC bought a new position in iShares Russell 1000 ETF in the 4th quarter worth $32,000. Finally, Optima Capital LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter valued at $32,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $413.11 on Monday. The stock has a 50-day simple moving average of $405.99 and a two-hundred day simple moving average of $385.46. iShares Russell 1000 ETF has a 52-week low of $339.54 and a 52-week high of $415.11. The firm has a market capitalization of $48.69 billion, a PE ratio of 24.71 and a beta of 1.00.

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.