Independence Bank of Kentucky Purchases 2,302 Shares of iShares Russell 1000 ETF $IWB

Independence Bank of Kentucky lifted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 491.9% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,770 shares of the company’s stock after buying an additional 2,302 shares during the quarter. Independence Bank of Kentucky’s holdings in iShares Russell 1000 ETF were worth $1,134,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Bank of America Corp DE increased its position in iShares Russell 1000 ETF by 4.9% during the first 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 stake 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 worth $830,623,000 after purchasing an additional 32,054 shares in the last quarter. Focus Partners Wealth boosted its holdings in iShares Russell 1000 ETF by 12.4% in the 4th quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock valued at $730,139,000 after purchasing an additional 215,456 shares during the period. Catalyst Capital Advisors LLC grew 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 worth $585,376,000 after purchasing an additional 179,128 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of iShares Russell 1000 ETF by 1.6% during the 4th 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 in the last quarter.

iShares Russell 1000 ETF Trading Down 0.8%

Shares of IWB opened at $416.56 on Wednesday. iShares Russell 1000 ETF has a 12 month low of $345.21 and a 12 month high of $426.92. The firm’s 50 day moving average is $413.39 and its 200-day moving average is $395.21. The stock has a market capitalization of $49.24 billion, a PE ratio of 24.71 and a beta of 1.00.

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.