Bank of New York Mellon Corp Reduces Stock Holdings in iShares Russell 1000 ETF $IWB

Bank of New York Mellon Corp lessened its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 164,874 shares of the company’s stock after selling 2,658 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.14% of iShares Russell 1000 ETF worth $58,787,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Bank of America Corp DE raised its holdings in shares of iShares Russell 1000 ETF by 14.9% in the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after acquiring an additional 616,717 shares during the last quarter. Focus Partners Wealth boosted its stake in shares of iShares Russell 1000 ETF by 12.4% during the fourth quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock valued at $730,139,000 after acquiring an additional 215,456 shares during the last quarter. Catalyst Capital Advisors LLC boosted its stake in shares of 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 valued at $585,376,000 after acquiring an additional 179,128 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares Russell 1000 ETF by 1.6% during the 4th quarter. JPMorgan Chase & Co. now owns 1,342,895 shares of the company’s stock worth $501,491,000 after purchasing an additional 21,540 shares in the last quarter. Finally, BOKF NA increased its position in iShares Russell 1000 ETF by 1.3% during the 4th quarter. BOKF NA now owns 1,297,149 shares of the company’s stock worth $484,407,000 after purchasing an additional 17,096 shares in the last quarter.

iShares Russell 1000 ETF Trading Down 1.2%

Shares of IWB stock opened at $403.98 on Friday. The company has a market capitalization of $47.65 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a twelve month low of $340.11 and a twelve month high of $415.11. The firm has a 50-day moving average price of $407.42 and a 200 day moving average price of $387.54.

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.