Bank of New York Mellon Corp Has $62.56 Million Position in iShares Russell 1000 ETF $IWB

Bank of New York Mellon Corp reduced its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 167,532 shares of the company’s stock after selling 1,492 shares during the period. Bank of New York Mellon Corp’s holdings in iShares Russell 1000 ETF were worth $62,563,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Focus Partners Wealth lifted its holdings in iShares Russell 1000 ETF by 86.1% during the 3rd quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock valued at $635,852,000 after purchasing an additional 805,083 shares during the last quarter. Bank of America Corp DE lifted its holdings in iShares Russell 1000 ETF by 14.9% during the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after purchasing an additional 616,717 shares during the last quarter. Allstate Corp lifted its holdings in iShares Russell 1000 ETF by 125.4% during the 4th quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock valued at $402,632,000 after purchasing an additional 599,755 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in iShares Russell 1000 ETF during the 3rd quarter valued at about $133,604,000. Finally, Orion Porfolio Solutions LLC lifted its holdings in iShares Russell 1000 ETF by 506.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 302,116 shares of the company’s stock valued at $102,590,000 after purchasing an additional 252,307 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 0.2%

Shares of IWB stock opened at $403.11 on Wednesday. iShares Russell 1000 ETF has a 12-month low of $325.31 and a 12-month high of $415.11. The company has a market capitalization of $47.43 billion, a P/E ratio of 24.71 and a beta of 1.00. The firm has a 50-day moving average price of $391.77 and a 200 day moving average price of $379.79.

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.