Parthenon LLC Acquires New Shares in iShares Russell 1000 ETF $IWB

Parthenon LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 1,980 shares of the company’s stock, valued at approximately $824,000.

A number of other hedge funds have also modified their holdings of IWB. Bank of America Corp DE lifted its position in shares of iShares Russell 1000 ETF by 4.9% during 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 buying an additional 240,695 shares during the period. PNC Financial Services Group Inc. boosted its stake in 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 valued at $830,623,000 after buying an additional 32,054 shares in the last quarter. Catalyst Capital Advisors LLC boosted its stake in iShares Russell 1000 ETF by 12.2% in the 1st quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock valued at $585,376,000 after buying an additional 179,128 shares in the last quarter. Fifth Third Bancorp grew its position in iShares Russell 1000 ETF by 145.7% in the first 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 during the period. Finally, Cetera Investment Advisers grew its position in iShares Russell 1000 ETF by 2.4% in the first quarter. Cetera Investment Advisers now owns 361,081 shares of the company’s stock valued at $128,747,000 after acquiring an additional 8,550 shares during the period.

iShares Russell 1000 ETF Stock Down 0.5%

iShares Russell 1000 ETF stock traded down $1.90 during mid-day trading on Friday, hitting $415.35. 350,323 shares of the company were exchanged, compared to its average volume of 998,328. The business has a fifty day moving average of $419.60 and a 200 day moving average of $408.89. 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 capitalization of $48.41 billion, a PE ratio of 24.71 and a beta of 1.00.

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.