iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Purchased by Citigroup Inc.

Citigroup Inc. increased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 17,910 shares of the company’s stock after buying an additional 366 shares during the period. Citigroup Inc.’s holdings in iShares Russell 1000 ETF were worth $5,631,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWB. Sound Income Strategies LLC grew its position in shares of iShares Russell 1000 ETF by 239.3% in the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after purchasing an additional 67 shares during the period. Winch Advisory Services LLC purchased a new stake in iShares Russell 1000 ETF in the third quarter valued at approximately $30,000. Transcendent Capital Group LLC boosted its holdings in iShares Russell 1000 ETF by 76.4% during the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after acquiring an additional 42 shares during the period. Clarkston Capital Partners LLC acquired a new position in shares of iShares Russell 1000 ETF in the third quarter worth $32,000. Finally, Archer Investment Corp purchased a new position in shares of iShares Russell 1000 ETF in the 3rd quarter valued at about $37,000.

iShares Russell 1000 ETF Trading Up 0.6 %

iShares Russell 1000 ETF stock opened at $332.53 on Monday. The company has a fifty day simple moving average of $320.19 and a 200-day simple moving average of $306.40. The stock has a market cap of $40.82 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $249.15 and a 12-month high of $333.01.

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.