iShares Russell 1000 ETF $IWB Shares Newly Bought by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. purchased a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 6,204 shares of the company’s stock, valued at approximately $2,581,000.

Several other large investors also recently made changes to their positions in the stock. Bank of America Corp DE raised its stake 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 valued at $1,838,275,000 after acquiring an additional 240,695 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in iShares Russell 1000 ETF by 1.4% during the first 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 period. Catalyst Capital Advisors LLC boosted its position in iShares Russell 1000 ETF by 12.2% during the first 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 during the period. Cetera Investment Advisers grew its holdings in 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 purchasing an additional 8,550 shares during the last quarter. Finally, MPS Loria Financial Planners LLC grew its holdings in iShares Russell 1000 ETF by 1.2% during the third quarter. MPS Loria Financial Planners LLC now owns 351,528 shares of the company’s stock valued at $146,281,000 after purchasing an additional 4,044 shares during the last quarter.

iShares Russell 1000 ETF Stock Up 1.3%

Shares of IWB stock opened at $415.99 on Thursday. iShares Russell 1000 ETF has a 12 month low of $345.21 and a 12 month high of $427.04. The company has a market cap of $48.25 billion, a PE ratio of 23.22 and a beta of 1.01. The business’s 50 day moving average is $417.97 and its two-hundred day moving average is $399.92.

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.