Sumitomo Mitsui Trust Group Inc. Increases Stock Position in iShares Russell 1000 ETF $IWB

Sumitomo Mitsui Trust Group Inc. increased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 25.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,330 shares of the company’s stock after acquiring an additional 2,305 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares Russell 1000 ETF were worth $4,141,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hippocratic Financial Advisors LLC grew its position in iShares Russell 1000 ETF by 2.3% during the 3rd quarter. Hippocratic Financial Advisors LLC now owns 132,706 shares of the company’s stock worth $48,501,000 after purchasing an additional 3,012 shares during the last quarter. First Horizon Corp purchased a new position in shares of iShares Russell 1000 ETF during the third quarter worth about $2,240,000. Corundum Trust Company INC purchased a new position in shares of iShares Russell 1000 ETF during the third quarter worth about $94,000. Corundum Group Inc. increased its position in iShares Russell 1000 ETF by 1.5% in the 3rd quarter. Corundum Group Inc. now owns 8,524 shares of the company’s stock valued at $3,115,000 after acquiring an additional 127 shares during the period. Finally, Axis Wealth Partners LLC purchased a new stake in iShares Russell 1000 ETF during the 3rd quarter valued at approximately $200,000.

iShares Russell 1000 ETF Trading Down 0.1%

iShares Russell 1000 ETF stock opened at $379.44 on Monday. The stock has a 50 day moving average of $373.50 and a two-hundred day moving average of $363.08. iShares Russell 1000 ETF has a twelve month low of $264.17 and a twelve month high of $381.71. The stock has a market capitalization of $46.69 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.

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.