US Bancorp DE Boosts Stake in iShares Russell 1000 ETF $IWB

US Bancorp DE increased its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 13.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 751,222 shares of the company’s stock after acquiring an additional 91,632 shares during the period. US Bancorp DE owned about 0.62% of iShares Russell 1000 ETF worth $274,558,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IWB. Patriot Financial Group Insurance Agency LLC lifted its stake in iShares Russell 1000 ETF by 1.6% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 1,878 shares of the company’s stock worth $686,000 after purchasing an additional 29 shares during the last quarter. Matrix Asset Advisors Inc. NY raised its holdings in shares of iShares Russell 1000 ETF by 4.0% during the 3rd quarter. Matrix Asset Advisors Inc. NY now owns 751 shares of the company’s stock valued at $275,000 after buying an additional 29 shares in the last quarter. GM Advisory Group LLC raised its holdings in shares of iShares Russell 1000 ETF by 0.3% during the 2nd quarter. GM Advisory Group LLC now owns 11,948 shares of the company’s stock valued at $4,057,000 after buying an additional 30 shares in the last quarter. Cherrydale Wealth Management LLC lifted its position in iShares Russell 1000 ETF by 0.3% in the 3rd quarter. Cherrydale Wealth Management LLC now owns 11,879 shares of the company’s stock worth $4,341,000 after buying an additional 32 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its position in iShares Russell 1000 ETF by 0.8% in the 2nd quarter. Benjamin Edwards Inc. now owns 4,188 shares of the company’s stock worth $1,422,000 after buying an additional 32 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $379.63 on Thursday. iShares Russell 1000 ETF has a 1 year low of $264.17 and a 1 year high of $382.34. The stock has a 50 day simple moving average of $377.16 and a two-hundred day simple moving average of $369.15. The firm has a market cap of $46.87 billion, a P/E ratio of 24.71 and a beta of 1.01.

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.