Schroder Investment Management Group Increases Stock Holdings in iShares Russell 1000 ETF $IWB

Schroder Investment Management Group boosted its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 6.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 152,560 shares of the company’s stock after acquiring an additional 8,810 shares during the period. Schroder Investment Management Group owned 0.13% of iShares Russell 1000 ETF worth $55,607,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWB. Highline Wealth Partners LLC acquired a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at approximately $30,000. First Command Advisory Services Inc. purchased a new position in iShares Russell 1000 ETF during the third quarter worth $31,000. Capital A Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF in the second quarter worth $30,000. Caldwell Trust Co purchased a new stake in shares of iShares Russell 1000 ETF in the second quarter valued at $30,000. Finally, Absher Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter valued at $33,000.

iShares Russell 1000 ETF Trading Down 0.2%

Shares of IWB stock opened at $370.85 on Wednesday. The company has a market capitalization of $45.78 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The firm has a 50-day moving average price of $376.80 and a 200 day moving average price of $370.64. iShares Russell 1000 ETF has a twelve month low of $264.17 and a twelve month high of $382.34.

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.