Citizens Financial Group Inc. RI Purchases 625 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Citizens Financial Group Inc. RI increased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 20.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,678 shares of the company’s stock after buying an additional 625 shares during the period. Citizens Financial Group Inc. RI’s holdings in iShares Russell 1000 ETF were worth $1,059,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWB. Blue Trust Inc. lifted its holdings in iShares Russell 1000 ETF by 31.6% in the 4th quarter. Blue Trust Inc. now owns 728 shares of the company’s stock worth $191,000 after purchasing an additional 175 shares during the last quarter. Miracle Mile Advisors LLC acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter worth $457,000. Veracity Capital LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at $226,000. JB Capital LLC bought a new position in iShares Russell 1000 ETF in the 4th quarter worth $221,000. Finally, Parsons Capital Management Inc. RI lifted its position in iShares Russell 1000 ETF by 141.0% during the 4th quarter. Parsons Capital Management Inc. RI now owns 7,673 shares of the company’s stock worth $2,012,000 after acquiring an additional 4,489 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB traded down $5.79 during midday trading on Friday, hitting $291.74. The company’s stock had a trading volume of 953,366 shares, compared to its average volume of 797,198. The stock’s 50 day simple moving average is $297.79 and its 200 day simple moving average is $285.57. iShares Russell 1000 ETF has a fifty-two week low of $224.41 and a fifty-two week high of $309.61. The stock has a market capitalization of $35.81 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

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.