BNP Paribas Financial Markets Raises Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

BNP Paribas Financial Markets grew its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,542 shares of the company’s stock after purchasing an additional 1,151 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares Russell 1000 ETF were worth $7,716,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IWB. Sound Income Strategies LLC raised its position in iShares Russell 1000 ETF by 239.3% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after purchasing an additional 67 shares in the last quarter. Winch Advisory Services LLC acquired a new stake in iShares Russell 1000 ETF in the third quarter valued at approximately $30,000. Transcendent Capital Group LLC lifted its stake in iShares Russell 1000 ETF by 76.4% in the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock worth $29,000 after acquiring an additional 42 shares during the last quarter. Clarkston Capital Partners LLC acquired a new position in iShares Russell 1000 ETF during the 3rd quarter worth approximately $32,000. Finally, Archer Investment Corp purchased a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter valued at approximately $37,000.

iShares Russell 1000 ETF Trading Up 0.1 %

Shares of IWB opened at $333.01 on Tuesday. The firm has a market capitalization of $40.88 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The firm’s fifty day simple moving average is $320.58 and its 200-day simple moving average is $306.70. iShares Russell 1000 ETF has a twelve month low of $250.07 and a twelve month high of $333.42.

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.