BNP Paribas Financial Markets Grows Holdings in iShares Russell 1000 ETF $IWB

BNP Paribas Financial Markets raised its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 184,997 shares of the company’s stock after buying an additional 1,324 shares during the period. BNP Paribas Financial Markets’ holdings in iShares Russell 1000 ETF were worth $69,085,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWB. Jones Financial Companies Lllp lifted its holdings in shares of iShares Russell 1000 ETF by 3.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 11,256,502 shares of the company’s stock worth $4,092,759,000 after acquiring an additional 427,736 shares during the period. Bank of America Corp DE lifted its holdings in shares of iShares Russell 1000 ETF by 14.9% during the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after acquiring an additional 616,717 shares during the period. Focus Partners Wealth lifted its holdings in shares of iShares Russell 1000 ETF by 86.1% during the 3rd quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock worth $635,852,000 after acquiring an additional 805,083 shares during the period. Johnson Investment Counsel Inc. lifted its holdings in shares of iShares Russell 1000 ETF by 1.5% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 1,426,322 shares of the company’s stock worth $521,292,000 after acquiring an additional 21,288 shares during the period. Finally, BOKF NA lifted its holdings in shares of iShares Russell 1000 ETF by 1.3% during the 4th quarter. BOKF NA now owns 1,297,149 shares of the company’s stock worth $484,407,000 after acquiring an additional 17,096 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of IWB stock opened at $413.93 on Tuesday. The firm has a market cap of $48.70 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1-year low of $321.31 and a 1-year high of $414.89. The firm’s 50-day simple moving average is $385.44 and its 200-day simple moving average is $378.02.

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.