iShares Russell 1000 ETF $IWB Shares Purchased by Northern Trust Corp

Northern Trust Corp increased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.3% during the 1st quarter, HoldingsChannel reports. The fund owned 2,717,504 shares of the company’s stock after acquiring an additional 36,000 shares during the quarter. Northern Trust Corp’s holdings in iShares Russell 1000 ETF were worth $833,567,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of IWB. Millennium Management LLC lifted its position in iShares Russell 1000 ETF by 22,234.1% in the fourth quarter. Millennium Management LLC now owns 2,510,358 shares of the company’s stock valued at $808,737,000 after buying an additional 2,499,118 shares during the last quarter. Bank of America Corp DE lifted its position in shares of iShares Russell 1000 ETF by 12.5% during the fourth quarter. Bank of America Corp DE now owns 4,094,981 shares of the company’s stock worth $1,319,239,000 after purchasing an additional 454,814 shares in the last quarter. Two Sigma Investments LP lifted its position in shares of iShares Russell 1000 ETF by 175.8% during the fourth quarter. Two Sigma Investments LP now owns 379,000 shares of the company’s stock worth $122,099,000 after purchasing an additional 241,600 shares in the last quarter. Focus Partners Wealth lifted its position in shares of iShares Russell 1000 ETF by 21.9% during the fourth quarter. Focus Partners Wealth now owns 918,403 shares of the company’s stock worth $295,874,000 after purchasing an additional 165,129 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its position in shares of iShares Russell 1000 ETF by 643.6% during the fourth quarter. BNP Paribas Financial Markets now owns 182,496 shares of the company’s stock worth $58,793,000 after purchasing an additional 157,954 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $353.27 on Tuesday. The stock has a market capitalization of $43.05 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 1 year low of $264.17 and a 1 year high of $354.83. The company’s 50-day simple moving average is $341.94 and its 200-day simple moving average is $323.53.

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.