14,856 Shares in iShares Russell 1000 ETF $IWB Bought by Halbert Hargrove Global Advisors LLC

Halbert Hargrove Global Advisors LLC purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 14,856 shares of the company’s stock, valued at approximately $6,182,000. iShares Russell 1000 ETF makes up 0.3% of Halbert Hargrove Global Advisors LLC’s investment portfolio, making the stock its 21st biggest position.

Other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in iShares Russell 1000 ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock worth $1,838,275,000 after acquiring an additional 240,695 shares during the period. PNC Financial Services Group Inc. raised its holdings in iShares Russell 1000 ETF by 1.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock valued at $830,623,000 after acquiring an additional 32,054 shares in the last quarter. Catalyst Capital Advisors LLC lifted its position in shares of iShares Russell 1000 ETF by 12.2% during the 1st quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock valued at $585,376,000 after acquiring an additional 179,128 shares during the period. Fifth Third Bancorp lifted its position in shares of iShares Russell 1000 ETF by 145.7% during the 1st quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock valued at $303,069,000 after acquiring an additional 504,045 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of iShares Russell 1000 ETF by 2.4% during the 1st quarter. Cetera Investment Advisers now owns 361,081 shares of the company’s stock valued at $128,747,000 after acquiring an additional 8,550 shares during the period.

iShares Russell 1000 ETF Stock Performance

IWB opened at $421.35 on Friday. The firm has a market cap of $49.17 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 52-week low of $345.21 and a 52-week high of $427.04. The business’s fifty day moving average is $420.27 and its 200-day moving average is $406.65.

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.