BTC Capital Management Inc. Purchases 1,786 Shares of iShares Russell 1000 ETF $IWB

BTC Capital Management Inc. grew its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 73,305 shares of the company’s stock after purchasing an additional 1,786 shares during the period. iShares Russell 1000 ETF comprises about 1.8% of BTC Capital Management Inc.’s portfolio, making the stock its 13th largest holding. BTC Capital Management Inc.’s holdings in iShares Russell 1000 ETF were worth $26,792,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Highline Wealth Partners LLC bought a new stake in iShares Russell 1000 ETF in the 3rd quarter worth about $30,000. First Command Advisory Services Inc. purchased a new position in shares of iShares Russell 1000 ETF in the 3rd quarter worth approximately $31,000. Capital A Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the second quarter valued at approximately $30,000. Caldwell Trust Co bought a new position in shares of iShares Russell 1000 ETF in the second quarter valued at approximately $30,000. Finally, Absher Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the third quarter valued at approximately $33,000.

iShares Russell 1000 ETF Trading Up 0.1%

Shares of iShares Russell 1000 ETF stock opened at $373.74 on Friday. The business’s fifty day simple moving average is $376.76 and its 200 day simple moving average is $367.39. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $382.34. The firm has a market capitalization of $46.14 billion, a P/E ratio of 24.71 and a beta of 1.01.

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.