Nixon Peabody Trust Co. Grows Holdings in iShares Russell 1000 ETF $IWB

Nixon Peabody Trust Co. raised its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 14.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 131,275 shares of the company’s stock after purchasing an additional 16,390 shares during the quarter. iShares Russell 1000 ETF makes up about 3.7% of Nixon Peabody Trust Co.’s holdings, making the stock its 6th biggest holding. Nixon Peabody Trust Co. owned about 0.11% of iShares Russell 1000 ETF worth $46,807,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in IWB. REAP Financial Group LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 4th quarter worth about $28,000. Sound Income Strategies LLC purchased a new position in shares of iShares Russell 1000 ETF during the first quarter valued at about $28,000. Advocate Investing Services LLC purchased a new position in shares of iShares Russell 1000 ETF during the fourth quarter valued at about $31,000. True Wealth Design LLC bought a new position in iShares Russell 1000 ETF in the fourth quarter worth about $32,000. Finally, Optima Capital LLC bought a new position in iShares Russell 1000 ETF in the fourth quarter worth about $32,000.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $408.75 on Friday. The company has a 50-day simple moving average of $403.85 and a two-hundred day simple moving average of $383.99. The firm has a market capitalization of $48.09 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a one year low of $339.54 and a one year 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.