Quantum Portfolio Management LLC Raises Stock Position in iShares Russell 1000 ETF $IWB

Quantum Portfolio Management LLC raised its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 82.5% in the 3rd quarter, Holdings Channel reports. The firm owned 5,480 shares of the company’s stock after buying an additional 2,477 shares during the quarter. Quantum Portfolio Management LLC’s holdings in iShares Russell 1000 ETF were worth $2,003,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWB. Bank of America Corp DE boosted its position in shares of iShares Russell 1000 ETF by 14.9% during 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 acquiring an additional 616,717 shares during the last quarter. M&T Bank Corp lifted its position in iShares Russell 1000 ETF by 4.0% during the second quarter. M&T Bank Corp now owns 2,923,970 shares of the company’s stock valued at $992,892,000 after purchasing an additional 112,152 shares during the last quarter. Johnson Investment Counsel Inc. grew its stake in iShares Russell 1000 ETF by 3.3% in the 2nd 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% during the 2nd 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 in the last quarter. Finally, JPMorgan Chase & Co. grew its position in 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 worth $456,614,000 after acquiring an additional 65,170 shares in the last quarter.

iShares Russell 1000 ETF Stock Down 0.1%

Shares of IWB stock opened at $379.44 on Monday. The business has a 50-day moving average price of $373.50 and a two-hundred day moving average price of $363.08. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $381.71. The firm has a market cap of $46.69 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.