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

JPMorgan Chase & Co. increased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,342,895 shares of the company’s stock after purchasing an additional 21,540 shares during the period. JPMorgan Chase & Co. owned 1.09% of iShares Russell 1000 ETF worth $501,491,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in IWB. Focus Partners Wealth lifted its holdings in iShares Russell 1000 ETF by 86.1% in the 3rd quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock worth $635,852,000 after purchasing an additional 805,083 shares in the last quarter. Bank of America Corp DE raised 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 in the last quarter. Allstate Corp raised its holdings 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 worth $402,632,000 after acquiring an additional 599,755 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $133,604,000. Finally, Orion Porfolio Solutions LLC raised its holdings in shares of iShares Russell 1000 ETF by 506.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 302,116 shares of the company’s stock worth $102,590,000 after acquiring an additional 252,307 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $396.80 on Thursday. The stock has a market capitalization of $46.68 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1 year low of $325.31 and a 1 year high of $415.11. The business’s 50 day simple moving average is $392.77 and its 200-day simple moving average is $380.07.

iShares Russell 1000 ETF Company 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.