Midwest Trust Co Makes New Investment in iShares Russell 1000 ETF $IWB

Midwest Trust Co bought a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 8,705 shares of the company’s stock, valued at approximately $2,956,000.

Several other hedge funds have also bought and sold shares of IWB. Kingstone Capital Partners Texas LLC acquired a new stake in shares of iShares Russell 1000 ETF in the second quarter valued at approximately $412,262,000. Jones Financial Companies Lllp raised its stake in iShares Russell 1000 ETF by 5.1% in the 1st quarter. Jones Financial Companies Lllp now owns 10,240,732 shares of the company’s stock valued at $3,123,735,000 after acquiring an additional 499,981 shares during the period. Halbert Hargrove Global Advisors LLC lifted its holdings in iShares Russell 1000 ETF by 2,783.3% during the 2nd quarter. Halbert Hargrove Global Advisors LLC now owns 466,465 shares of the company’s stock valued at $158,398,000 after purchasing an additional 450,287 shares during the last quarter. Allstate Corp acquired a new stake in iShares Russell 1000 ETF during the 1st quarter valued at $105,102,000. Finally, Ieq Capital LLC boosted its position in iShares Russell 1000 ETF by 176.0% during the first quarter. Ieq Capital LLC now owns 381,635 shares of the company’s stock worth $117,063,000 after purchasing an additional 243,360 shares during the period.

iShares Russell 1000 ETF Price Performance

NYSEARCA:IWB opened at $373.15 on Tuesday. The company has a market cap of $44.93 billion, a P/E ratio of 24.71 and a beta of 1.01. The firm’s fifty day moving average price is $365.49 and its two-hundred day moving average price is $345.72. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $377.77.

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.