Nixon Peabody Trust Co. Purchases 5,316 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Nixon Peabody Trust Co. grew its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 145,855 shares of the company’s stock after purchasing an additional 5,316 shares during the quarter. iShares Russell 1000 ETF makes up 3.8% of Nixon Peabody Trust Co.’s holdings, making the stock its 7th biggest holding. Nixon Peabody Trust Co.’s holdings in iShares Russell 1000 ETF were worth $45,855,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Etesian Wealth Advisors Inc. raised its position in iShares Russell 1000 ETF by 32.0% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock worth $390,000 after purchasing an additional 301 shares during the last quarter. Mechanics Bank Trust Department bought a new stake in iShares Russell 1000 ETF in the third quarter valued at approximately $597,000. Cambridge Trust Co. increased its position in iShares Russell 1000 ETF by 29.7% during the 1st quarter. Cambridge Trust Co. now owns 1,760 shares of the company’s stock valued at $507,000 after purchasing an additional 403 shares during the period. Morton Capital Management LLC CA raised its holdings in iShares Russell 1000 ETF by 0.9% during the 3rd quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock worth $1,592,000 after purchasing an additional 43 shares during the last quarter. Finally, Citizens Financial Group Inc. RI lifted its position in shares of iShares Russell 1000 ETF by 20.5% in the 1st quarter. Citizens Financial Group Inc. RI now owns 3,678 shares of the company’s stock worth $1,059,000 after purchasing an additional 625 shares during the period.

iShares Russell 1000 ETF Stock Performance

IWB stock remained flat at $322.29 during midday trading on Monday. 33,219 shares of the company traded hands, compared to its average volume of 796,215. The firm has a market cap of $39.56 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The company’s fifty day moving average price is $315.80 and its two-hundred day moving average price is $303.32. iShares Russell 1000 ETF has a 1-year low of $246.97 and a 1-year high of $330.43.

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.