15,913 Shares of iShares Russell 1000 ETF $IWB Purchased by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, HoldingsChannel.com reports. The fund acquired 15,913 shares of the company’s stock, valued at approximately $6,622,000.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in iShares Russell 1000 ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock worth $1,838,275,000 after purchasing an additional 240,695 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of iShares Russell 1000 ETF by 1.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock valued at $830,623,000 after buying an additional 32,054 shares during the period. Catalyst Capital Advisors LLC boosted its stake in shares of iShares Russell 1000 ETF by 12.2% in the first quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock valued at $585,376,000 after buying an additional 179,128 shares in the last quarter. Fifth Third Bancorp boosted its stake in shares of iShares Russell 1000 ETF by 145.7% in the first quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock valued at $303,069,000 after buying an additional 504,045 shares in the last quarter. Finally, MPS Loria Financial Planners LLC grew its holdings in iShares Russell 1000 ETF by 1.2% during the third quarter. MPS Loria Financial Planners LLC now owns 351,528 shares of the company’s stock worth $146,281,000 after acquiring an additional 4,044 shares during the period.

iShares Russell 1000 ETF Stock Up 0.4%

IWB stock traded up $1.52 on Friday, reaching $402.58. 515,623 shares of the company’s stock were exchanged, compared to its average volume of 980,728. The stock has a fifty day moving average of $418.34 and a 200-day moving average of $399.39. The firm has a market cap of $46.58 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a twelve month low of $345.21 and a twelve month high of $427.04.

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.