iShares Russell 1000 ETF $IWB Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp lowered its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.4% in the 4th quarter, Holdings Channel reports. The fund owned 345,935 shares of the company’s stock after selling 27,586 shares during the period. Fifth Third Bancorp’s holdings in iShares Russell 1000 ETF were worth $129,186,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Optima Capital LLC acquired a new position in iShares Russell 1000 ETF during the 4th quarter valued at about $32,000. First Command Advisory Services Inc. bought a new position in iShares Russell 1000 ETF in the 3rd quarter worth about $31,000. True Wealth Design LLC acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $32,000. Absher Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at approximately $33,000. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of iShares Russell 1000 ETF by 78.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock valued at $43,000 after buying an additional 51 shares during the last quarter.

iShares Russell 1000 ETF Trading Up 1.0%

Shares of NYSEARCA IWB opened at $392.83 on Friday. The stock has a 50 day simple moving average of $371.95 and a 200-day simple moving average of $373.01. The company has a market cap of $46.26 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $305.56 and a 12-month high of $393.37.

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.