7,387 Shares of iShares Russell 1000 ETF $IWB Purchased by Asset Dedication LLC

Asset Dedication LLC bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, Holdings Channel reports. The firm bought 7,387 shares of the company’s stock, valued at approximately $3,074,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Bank of America Corp DE increased its position in iShares Russell 1000 ETF by 4.9% in the first quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock worth $1,838,275,000 after buying an additional 240,695 shares during the last quarter. PNC Financial Services Group Inc. increased its position in iShares Russell 1000 ETF by 1.4% in the first quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock worth $830,623,000 after buying an additional 32,054 shares during the period. Catalyst Capital Advisors LLC boosted its holdings in iShares Russell 1000 ETF by 12.2% during the first quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock valued at $585,376,000 after acquiring an additional 179,128 shares during the period. Fifth Third Bancorp boosted its holdings in iShares Russell 1000 ETF by 145.7% during the first quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock worth $303,069,000 after purchasing an additional 504,045 shares during the last quarter. Finally, MPS Loria Financial Planners LLC boosted its stake 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 in the last quarter.

iShares Russell 1000 ETF Stock Up 0.4%

Shares of iShares Russell 1000 ETF stock opened at $402.58 on Friday. The stock’s 50-day simple moving average is $418.34 and its 200-day simple moving average is $399.39. The company has a market capitalization of $46.58 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 52 week low of $345.21 and a 52 week high of $427.04.

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.