iShares Russell 1000 ETF $IWB is Millburn Ridgefield LLC DE’s Largest Position

Millburn Ridgefield LLC DE lessened its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,465,713 shares of the company’s stock after selling 120,929 shares during the quarter. iShares Russell 1000 ETF makes up about 12.8% of Millburn Ridgefield LLC DE’s portfolio, making the stock its largest holding. Millburn Ridgefield LLC DE’s holdings in iShares Russell 1000 ETF were worth $535,689,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IWB. Bank of America Corp DE raised its stake in iShares Russell 1000 ETF by 14.9% in the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after purchasing an additional 616,717 shares during the last quarter. M&T Bank Corp boosted its stake in iShares Russell 1000 ETF by 4.0% during the 2nd quarter. M&T Bank Corp now owns 2,923,970 shares of the company’s stock worth $992,892,000 after purchasing an additional 112,152 shares during the last quarter. Johnson Investment Counsel Inc. grew its holdings in shares of iShares Russell 1000 ETF by 3.3% during the second quarter. Johnson Investment Counsel Inc. now owns 1,405,034 shares of the company’s stock worth $477,107,000 after buying an additional 44,732 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Russell 1000 ETF by 6.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,370,878 shares of the company’s stock valued at $465,509,000 after buying an additional 86,539 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of iShares Russell 1000 ETF by 5.1% in the second quarter. JPMorgan Chase & Co. now owns 1,344,682 shares of the company’s stock valued at $456,614,000 after buying an additional 65,170 shares during the last quarter.

iShares Russell 1000 ETF Trading Up 0.5%

NYSEARCA:IWB opened at $378.09 on Friday. The company has a market cap of $47.00 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $264.17 and a twelve month high of $381.71. The company’s 50-day moving average price is $373.82 and its 200-day moving average price is $363.72.

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.