NewEdge Advisors LLC Acquires 2,685 Shares of iShares Russell 1000 ETF $IWB

NewEdge Advisors LLC grew its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.1% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 128,083 shares of the company’s stock after acquiring an additional 2,685 shares during the period. NewEdge Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $52,450,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in IWB. Bank of America Corp DE raised its holdings in shares of iShares Russell 1000 ETF by 4.9% during the first quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock valued at $1,838,275,000 after acquiring an additional 240,695 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares Russell 1000 ETF by 1.4% in the first quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock worth $830,623,000 after acquiring an additional 32,054 shares during the period. Focus Partners Wealth boosted its holdings in iShares Russell 1000 ETF by 12.4% in the fourth quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock valued at $730,139,000 after acquiring an additional 215,456 shares in the last quarter. Catalyst Capital Advisors LLC boosted its holdings in iShares Russell 1000 ETF by 12.2% in the first quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock valued at $585,376,000 after acquiring an additional 179,128 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in iShares Russell 1000 ETF by 1.6% during the 4th quarter. JPMorgan Chase & Co. now owns 1,342,895 shares of the company’s stock valued at $501,491,000 after purchasing an additional 21,540 shares during the period.

iShares Russell 1000 ETF Trading Down 0.6%

Shares of iShares Russell 1000 ETF stock opened at $419.05 on Wednesday. iShares Russell 1000 ETF has a 12-month low of $345.21 and a 12-month high of $426.92. The company has a market cap of $49.53 billion, a P/E ratio of 24.71 and a beta of 1.00. The company’s fifty day simple moving average is $415.08 and its two-hundred day simple moving average is $396.85.

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.