Checchi Capital Advisers LLC Acquires 1,241 Shares of iShares Russell 1000 ETF $IWB

Checchi Capital Advisers LLC lifted its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 8.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 15,583 shares of the company’s stock after purchasing an additional 1,241 shares during the period. Checchi Capital Advisers LLC’s holdings in iShares Russell 1000 ETF were worth $5,556,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWB. Bank of America Corp DE boosted 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 acquiring an additional 616,717 shares during the period. Focus Partners Wealth increased its stake in iShares Russell 1000 ETF by 12.4% in the fourth quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock worth $730,139,000 after purchasing an additional 215,456 shares during the period. Catalyst Capital Advisors LLC lifted its position in shares of iShares Russell 1000 ETF by 12.2% during the first quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock worth $585,376,000 after purchasing an additional 179,128 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Russell 1000 ETF by 1.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,342,895 shares of the company’s stock worth $501,491,000 after purchasing an additional 21,540 shares during the last quarter. Finally, BOKF NA lifted its position in shares of iShares Russell 1000 ETF by 1.3% during the fourth quarter. BOKF NA now owns 1,297,149 shares of the company’s stock worth $484,407,000 after purchasing an additional 17,096 shares during the last quarter.

iShares Russell 1000 ETF Trading Up 0.4%

Shares of IWB opened at $411.48 on Wednesday. The firm has a fifty day moving average price of $406.65 and a 200-day moving average price of $385.93. The firm has a market capitalization of $48.60 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 12-month low of $339.54 and a 12-month high of $415.11.

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.