Trustees of Columbia University in the City of New York Takes $2.90 Million Position in iShares Russell 1000 ETF $IWB

Trustees of Columbia University in the City of New York purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,775 shares of the company’s stock, valued at approximately $2,903,000. iShares Russell 1000 ETF comprises about 0.3% of Trustees of Columbia University in the City of New York’s investment portfolio, making the stock its 2nd biggest holding.

Several other hedge funds have also modified their holdings of IWB. Brighton Jones LLC grew its stake in shares of iShares Russell 1000 ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock valued at $58,807,000 after purchasing an additional 6,006 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in iShares Russell 1000 ETF by 56.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock valued at $486,000 after acquiring an additional 542 shares during the last quarter. First Trust Advisors LP boosted its stake in iShares Russell 1000 ETF by 32.3% in the second quarter. First Trust Advisors LP now owns 1,307 shares of the company’s stock valued at $444,000 after acquiring an additional 319 shares during the last quarter. Jump Financial LLC bought a new position in iShares Russell 1000 ETF in the second quarter valued at approximately $2,403,000. Finally, Qube Research & Technologies Ltd boosted its stake in iShares Russell 1000 ETF by 18.6% in the second quarter. Qube Research & Technologies Ltd now owns 3,418 shares of the company’s stock valued at $1,161,000 after acquiring an additional 535 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $405.61 on Monday. iShares Russell 1000 ETF has a 52-week low of $325.31 and a 52-week high of $415.11. The stock has a market cap of $47.72 billion, a PE ratio of 24.71 and a beta of 1.00. The firm’s 50 day moving average price is $394.63 and its two-hundred day moving average price is $380.65.

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.