Genesee Capital Advisors LLC Buys New Holdings in iShares Russell 1000 ETF $IWB

Genesee Capital Advisors LLC purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,278 shares of the company’s stock, valued at approximately $2,613,000. iShares Russell 1000 ETF comprises approximately 0.8% of Genesee Capital Advisors LLC’s investment portfolio, making the stock its 25th largest holding.

A number of other hedge funds have also added to or reduced their stakes in IWB. Bank of America Corp DE lifted its position in shares of iShares Russell 1000 ETF by 4.9% in the 1st quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock worth $1,838,275,000 after purchasing an additional 240,695 shares during the period. PNC Financial Services Group Inc. raised its position in shares of iShares Russell 1000 ETF by 1.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock worth $830,623,000 after purchasing an additional 32,054 shares during the last quarter. Catalyst Capital Advisors LLC lifted its stake in shares of 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 worth $585,376,000 after buying an additional 179,128 shares in the last quarter. Fifth Third Bancorp lifted its position in iShares Russell 1000 ETF by 145.7% in the 1st quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock valued at $303,069,000 after acquiring an additional 504,045 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of iShares Russell 1000 ETF by 2.4% during the first quarter. Cetera Investment Advisers now owns 361,081 shares of the company’s stock valued at $128,747,000 after buying an additional 8,550 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock traded up $1.51 during trading hours on Tuesday, reaching $419.81. The company had a trading volume of 299,481 shares, compared to its average volume of 1,005,145. iShares Russell 1000 ETF has a one year low of $345.21 and a one year high of $427.04. The firm has a market cap of $48.91 billion, a PE ratio of 24.71 and a beta of 1.00. The business has a fifty day moving average price of $420.04 and a 200-day moving average price of $407.58.

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.