First Citizens Bank & Trust Co. Buys 8,867 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

First Citizens Bank & Trust Co. grew its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 75.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,553 shares of the company’s stock after purchasing an additional 8,867 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares Russell 1000 ETF were worth $6,621,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Sound Income Strategies LLC boosted its position in iShares Russell 1000 ETF by 239.3% during the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after acquiring an additional 67 shares during the last quarter. Winch Advisory Services LLC bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $30,000. Clarkston Capital Partners LLC bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $32,000. Archer Investment Corp bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at about $51,000.

iShares Russell 1000 ETF Stock Performance

iShares Russell 1000 ETF stock opened at $335.17 on Friday. The stock has a market capitalization of $41.14 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $265.70 and a 52-week high of $336.61. The stock’s 50 day moving average price is $328.62 and its two-hundred day moving average price is $315.68.

iShares Russell 1000 ETF 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.