WASHINGTON TRUST Co Purchases 184,154 Shares of iShares Russell 1000 ETF $IWB

WASHINGTON TRUST Co purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 184,154 shares of the company’s stock, valued at approximately $76,632,000. iShares Russell 1000 ETF accounts for 2.3% of WASHINGTON TRUST Co’s holdings, making the stock its 13th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BIP Wealth LLC grew its position in shares of iShares Russell 1000 ETF by 2.0% during the 3rd quarter. BIP Wealth LLC now owns 9,814 shares of the company’s stock valued at $4,084,000 after acquiring an additional 197 shares during the period. Parthenon LLC acquired a new position in iShares Russell 1000 ETF in the 3rd quarter worth about $824,000. NovaPoint Capital LLC raised its holdings in iShares Russell 1000 ETF by 5.1% in the 3rd quarter. NovaPoint Capital LLC now owns 1,016 shares of the company’s stock worth $423,000 after purchasing an additional 49 shares during the period. Sharkey Howes & Javer purchased a new position in iShares Russell 1000 ETF during the third quarter worth approximately $1,883,000. Finally, Indiana Trust & Investment Management Co purchased a new position in iShares Russell 1000 ETF during the third quarter worth approximately $10,652,000.

iShares Russell 1000 ETF Price Performance

IWB stock traded down $1.90 during mid-day trading on Friday, reaching $415.35. 350,323 shares of the company’s stock were exchanged, compared to its average volume of 998,328. iShares Russell 1000 ETF has a 12-month low of $345.21 and a 12-month high of $427.04. The stock’s 50 day moving average is $419.60 and its 200 day moving average is $408.89. The company has a market cap of $48.41 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.