Cadence Bank Invests $1.44 Million in iShares Russell 1000 ETF (NYSEARCA:IWB)

Cadence Bank purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 4,581 shares of the company’s stock, valued at approximately $1,440,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. International Assets Investment Management LLC grew its stake in shares of iShares Russell 1000 ETF by 26,328.0% in the 3rd quarter. International Assets Investment Management LLC now owns 605,201 shares of the company’s stock worth $190,269,000 after acquiring an additional 602,911 shares in the last quarter. Millennium Management LLC increased its stake in iShares Russell 1000 ETF by 4,016.4% in the 2nd quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock valued at $106,373,000 after buying an additional 348,824 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of iShares Russell 1000 ETF during the 2nd quarter worth approximately $59,508,000. Cetera Investment Advisers boosted its stake in shares of iShares Russell 1000 ETF by 198.8% in the 1st quarter. Cetera Investment Advisers now owns 272,822 shares of the company’s stock worth $78,581,000 after buying an additional 181,531 shares during the last quarter. Finally, BOKF NA grew its holdings in shares of iShares Russell 1000 ETF by 8.9% in the second quarter. BOKF NA now owns 1,260,585 shares of the company’s stock valued at $375,074,000 after acquiring an additional 102,898 shares in the last quarter.

iShares Russell 1000 ETF Trading Down 0.3 %

Shares of IWB opened at $330.61 on Thursday. The stock has a 50 day moving average of $319.44 and a 200 day moving average of $305.67. iShares Russell 1000 ETF has a 12 month low of $248.88 and a 12 month high of $332.07. The company has a market capitalization of $40.58 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.