iShares Russell 1000 ETF $IWB Stock Position Lessened by Fifth Third Bancorp

Fifth Third Bancorp cut its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 821,608 shares of the company’s stock after selling 11,484 shares during the period. Fifth Third Bancorp’s holdings in iShares Russell 1000 ETF were worth $341,896,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IWB. Bryn Mawr Trust Advisors LLC lifted its position in iShares Russell 1000 ETF by 0.3% in the 3rd quarter. Bryn Mawr Trust Advisors LLC now owns 8,091 shares of the company’s stock worth $3,367,000 after buying an additional 25 shares during the last quarter. Wealth Dimensions Group Ltd. grew its position in iShares Russell 1000 ETF by 3.6% during the third quarter. Wealth Dimensions Group Ltd. now owns 750 shares of the company’s stock valued at $312,000 after acquiring an additional 26 shares during the last quarter. Rockland Trust Co. grew its position in iShares Russell 1000 ETF by 1.1% during the second quarter. Rockland Trust Co. now owns 2,519 shares of the company’s stock valued at $1,032,000 after acquiring an additional 28 shares during the last quarter. Retirement Wealth Solutions LLC grew its position in iShares Russell 1000 ETF by 1.2% during the third quarter. Retirement Wealth Solutions LLC now owns 2,302 shares of the company’s stock valued at $958,000 after acquiring an additional 28 shares during the last quarter. Finally, Global Wealth Strategies & Associates raised its stake in shares of iShares Russell 1000 ETF by 2.1% during the third quarter. Global Wealth Strategies & Associates now owns 1,414 shares of the company’s stock worth $588,000 after acquiring an additional 29 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $415.99 on Thursday. The company has a market capitalization of $48.25 billion, a PE ratio of 23.22 and a beta of 1.01. iShares Russell 1000 ETF has a one year low of $345.21 and a one year high of $427.04. The company’s 50 day moving average price is $417.97 and its two-hundred day moving average price is $399.92.

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.