iShares Russell 1000 ETF $IWB Position Reduced by M&T Bank Corp

M&T Bank Corp trimmed its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,833,777 shares of the company’s stock after selling 90,193 shares during the period. iShares Russell 1000 ETF comprises 3.5% of M&T Bank Corp’s investment portfolio, making the stock its 4th largest position. M&T Bank Corp’s holdings in iShares Russell 1000 ETF were worth $1,035,689,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Highline Wealth Partners LLC acquired a new stake in shares of iShares Russell 1000 ETF in the third quarter worth $30,000. First Command Advisory Services Inc. acquired a new position in shares of iShares Russell 1000 ETF during the 3rd quarter valued at $31,000. Capital A Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF during the 2nd quarter valued at $30,000. Caldwell Trust Co purchased a new stake in iShares Russell 1000 ETF during the 2nd quarter worth $30,000. Finally, Absher Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF during the 3rd quarter worth $33,000.

iShares Russell 1000 ETF Trading Down 0.5%

Shares of NYSEARCA IWB opened at $362.62 on Friday. The stock has a fifty day moving average price of $376.33 and a 200 day moving average price of $370.67. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $382.34. The company has a market cap of $44.77 billion, a P/E ratio of 24.71 and a beta of 1.01.

About iShares Russell 1000 ETF

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.