Commerce Bank Boosts Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Commerce Bank boosted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 123,870 shares of the company’s stock after buying an additional 567 shares during the period. Commerce Bank’s holdings in iShares Russell 1000 ETF were worth $32,486,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of IWB. M&T Bank Corp grew its position in shares of iShares Russell 1000 ETF by 1.1% in the fourth quarter. M&T Bank Corp now owns 2,954,718 shares of the company’s stock valued at $774,904,000 after purchasing an additional 31,595 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares Russell 1000 ETF by 1.8% in the third quarter. LPL Financial LLC now owns 2,249,921 shares of the company’s stock valued at $528,529,000 after purchasing an additional 38,800 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of iShares Russell 1000 ETF by 2.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,427,248 shares of the company’s stock valued at $374,310,000 after purchasing an additional 30,635 shares in the last quarter. Johnson Investment Counsel Inc. grew its position in shares of iShares Russell 1000 ETF by 2.1% in the fourth quarter. Johnson Investment Counsel Inc. now owns 1,225,799 shares of the company’s stock valued at $321,478,000 after purchasing an additional 25,434 shares in the last quarter. Finally, Pathstone Family Office LLC grew its position in shares of iShares Russell 1000 ETF by 2,233.8% in the third quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock valued at $274,904,000 after purchasing an additional 1,119,893 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

IWB traded up $1.95 during trading hours on Friday, reaching $290.50. The company’s stock had a trading volume of 367,514 shares, compared to its average volume of 722,806. iShares Russell 1000 ETF has a fifty-two week low of $224.41 and a fifty-two week high of $292.65. The stock has a market cap of $35.66 billion, a PE ratio of 24.68 and a beta of 1.01. The business’s 50-day moving average is $283.57 and its 200-day moving average is $270.34.

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.