Manchester Capital Management LLC Purchases 5,705 Shares of iShares Russell 1000 ETF $IWB

Manchester Capital Management LLC acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,705 shares of the company’s stock, valued at approximately $2,374,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWB. Bank of America Corp DE raised its position in shares of iShares Russell 1000 ETF by 4.9% in the first quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock valued at $1,838,275,000 after purchasing an additional 240,695 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of iShares Russell 1000 ETF by 1.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock worth $830,623,000 after buying an additional 32,054 shares during the last quarter. Catalyst Capital Advisors LLC lifted its stake 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 worth $585,376,000 after buying an additional 179,128 shares during the last quarter. Fifth Third Bancorp lifted its stake 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 worth $303,069,000 after buying an additional 504,045 shares during the last quarter. Finally, MPS Loria Financial Planners LLC boosted its holdings in shares of iShares Russell 1000 ETF by 1.2% during the 3rd quarter. MPS Loria Financial Planners LLC now owns 351,528 shares of the company’s stock worth $146,281,000 after buying an additional 4,044 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $415.35 on Friday. iShares Russell 1000 ETF has a 52 week low of $345.21 and a 52 week high of $427.04. The company has a market capitalization of $48.41 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The company has a 50-day simple moving average of $419.60 and a 200 day simple moving average of $408.89.

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.