UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Invests $3.67 Million in iShares Russell 1000 ETF (NYSEARCA:IWB)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,665 shares of the company’s stock, valued at approximately $3,667,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in iShares Russell 1000 ETF by 3.8% during the first quarter. Vanguard Group Inc. now owns 9,705 shares of the company’s stock worth $2,795,000 after buying an additional 353 shares in the last quarter. Baker Tilly Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF during the second quarter worth $202,000. Blue Trust Inc. boosted its stake in iShares Russell 1000 ETF by 136.7% during the second quarter. Blue Trust Inc. now owns 1,624 shares of the company’s stock worth $468,000 after buying an additional 938 shares in the last quarter. Peddock Capital Advisors LLC lifted its holdings in shares of iShares Russell 1000 ETF by 2.0% during the second quarter. Peddock Capital Advisors LLC now owns 5,382 shares of the company’s stock valued at $1,601,000 after acquiring an additional 103 shares during the period. Finally, MBL Wealth LLC bought a new position in shares of iShares Russell 1000 ETF during the second quarter valued at $235,000.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA IWB opened at $333.17 on Friday. The stock has a market cap of $40.90 billion, a PE ratio of 24.68 and a beta of 1.01. The business has a fifty day moving average of $323.56 and a two-hundred day moving average of $308.72. iShares Russell 1000 ETF has a 52-week low of $255.30 and a 52-week high of $336.18.

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.