Suntrust Banks Inc. Has $33.19 Million Position in iShares Russell 1000 Index (IWB)

Suntrust Banks Inc. lessened its position in shares of iShares Russell 1000 Index (NYSEARCA:IWB) by 7.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 223,320 shares of the company’s stock after selling 17,215 shares during the quarter. Suntrust Banks Inc.’s holdings in iShares Russell 1000 Index were worth $33,185,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Trustcore Financial Services LLC acquired a new stake in iShares Russell 1000 Index during the fourth quarter valued at $143,000. Stonehearth Capital Management LLC acquired a new stake in iShares Russell 1000 Index during the fourth quarter valued at $156,000. Redmond Asset Management LLC acquired a new stake in iShares Russell 1000 Index during the fourth quarter valued at $200,000. Patten & Patten Inc. TN acquired a new stake in iShares Russell 1000 Index during the fourth quarter valued at $205,000. Finally, SOL Capital Management CO acquired a new stake in iShares Russell 1000 Index during the fourth quarter valued at $206,000.

iShares Russell 1000 Index (IWB) traded down $0.38 during mid-day trading on Tuesday, reaching $151.55. 126,120 shares of the company traded hands, compared to its average volume of 1,541,482. The firm has a market capitalization of $20,150.00 and a price-to-earnings ratio of 12.91. iShares Russell 1000 Index has a 52 week low of $128.86 and a 52 week high of $159.31.

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iShares Russell 1000 Index 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.

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Institutional Ownership by Quarter for iShares Russell 1000 Index (NYSEARCA:IWB)

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