3,334 Shares of iShares Russell 1000 ETF $IWB Purchased by Montecito Bank & Trust

Montecito Bank & Trust bought a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, HoldingsChannel reports. The firm bought 3,334 shares of the company’s stock, valued at approximately $1,387,000.

Other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC lifted its stake in iShares Russell 1000 ETF by 239.3% in the 2nd quarter. GAMMA Investing LLC now owns 1,975 shares of the company’s stock valued at $809,000 after buying an additional 1,393 shares in the last quarter. Ieq Capital LLC increased its stake in iShares Russell 1000 ETF by 8.4% during the 4th quarter. Ieq Capital LLC now owns 487,726 shares of the company’s stock worth $182,137,000 after buying an additional 37,631 shares in the last quarter. Portfolio Resources Advisor Group Inc. purchased a new stake in iShares Russell 1000 ETF during the 4th quarter worth approximately $4,887,000. Corient Private Wealth LP raised its holdings in shares of iShares Russell 1000 ETF by 3.0% during the second quarter. Corient Private Wealth LP now owns 184,908 shares of the company’s stock valued at $75,720,000 after acquiring an additional 5,434 shares during the last quarter. Finally, Johnson Financial Group LLC acquired a new position in shares of iShares Russell 1000 ETF during the fourth quarter valued at approximately $2,733,000.

iShares Russell 1000 ETF Stock Up 0.2%

Shares of NYSEARCA IWB traded up $0.84 during midday trading on Thursday, hitting $416.97. The stock had a trading volume of 395,579 shares, compared to its average volume of 1,046,158. The company has a market capitalization of $48.68 billion, a PE ratio of 24.71 and a beta of 1.00. The stock has a 50 day simple moving average of $417.49 and a 200-day simple moving average of $401.74. iShares Russell 1000 ETF has a 1 year low of $345.21 and a 1 year high of $426.92.

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.