7,937 Shares in iShares Russell 1000 ETF $IWB Purchased by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,937 shares of the company’s stock, valued at approximately $3,376,000.

Several other institutional investors also recently added to or reduced their stakes in IWB. Fifth Third Bancorp lifted its stake in shares of iShares Russell 1000 ETF by 145.7% in the 1st quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock worth $303,069,000 after acquiring an additional 504,045 shares during the period. Bank of America Corp DE lifted its holdings in iShares Russell 1000 ETF by 4.9% in 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 during the period. Catalyst Capital Advisors LLC boosted its position in shares of iShares Russell 1000 ETF by 12.2% during the 1st quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock worth $585,376,000 after purchasing an additional 179,128 shares in the last quarter. YHB Investment Advisors Inc. purchased a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at about $16,443,000. Finally, SG Americas Securities LLC acquired a new position in iShares Russell 1000 ETF during the first quarter worth about $13,887,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB traded down $0.67 during mid-day trading on Tuesday, hitting $424.26. 80,752 shares of the company’s stock traded hands, compared to its average volume of 1,020,981. The firm’s 50 day simple moving average is $420.23 and its 200 day simple moving average is $405.21. iShares Russell 1000 ETF has a 1 year low of $345.21 and a 1 year high of $427.04. The company has a market cap of $49.53 billion, a PE ratio of 24.71 and a beta of 1.00.

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.