JPMorgan Chase & Co. Raises Stock Holdings in iShares Russell 1000 ETF $IWB

JPMorgan Chase & Co. raised its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.6% during the 4th quarter, Holdings Channel reports. The fund owned 1,342,895 shares of the company’s stock after purchasing an additional 21,540 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Russell 1000 ETF were worth $501,491,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE increased its position 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 valued at $1,619,105,000 after purchasing an additional 616,717 shares during the last quarter. Focus Partners Wealth increased its position 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 valued at $635,852,000 after purchasing an additional 805,083 shares during the last quarter. BOKF NA increased its position 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 valued at $484,407,000 after purchasing an additional 17,096 shares during the last quarter. Allstate Corp increased its position in shares of iShares Russell 1000 ETF by 125.4% during the 4th quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock valued at $402,632,000 after purchasing an additional 599,755 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in shares of iShares Russell 1000 ETF by 0.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 789,576 shares of the company’s stock valued at $288,574,000 after purchasing an additional 6,028 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $396.80 on Thursday. The company has a market cap of $46.68 billion, a P/E ratio of 24.71 and a beta of 1.00. The business’s 50 day moving average price is $392.77 and its 200-day moving average price is $380.07. iShares Russell 1000 ETF has a fifty-two week low of $325.31 and a fifty-two week high of $415.11.

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.