2,674 Shares in iShares Russell 1000 ETF (NYSEARCA:IWB) Acquired by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 2,674 shares of the company’s stock, valued at approximately $796,000.

Other large investors have also recently modified their holdings of the company. Jones Financial Companies Lllp lifted its position in shares of iShares Russell 1000 ETF by 2.8% during the 4th quarter. Jones Financial Companies Lllp now owns 8,379,815 shares of the company’s stock worth $2,197,690,000 after buying an additional 227,252 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Russell 1000 ETF by 3.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after acquiring an additional 146,971 shares in the last quarter. M&T Bank Corp raised its stake in iShares Russell 1000 ETF by 1.1% during the fourth quarter. M&T Bank Corp now owns 2,954,718 shares of the company’s stock worth $774,904,000 after acquiring an additional 31,595 shares in the last quarter. Wells Fargo & Company MN lifted its holdings 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 worth $374,310,000 after acquiring an additional 30,635 shares during the last quarter. Finally, Johnson Investment Counsel Inc. boosted its stake in shares of iShares Russell 1000 ETF by 2.1% in the 4th 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.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $296.82 on Wednesday. The stock has a market cap of $36.43 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The company has a 50 day simple moving average of $297.85 and a 200 day simple moving average of $287.26. iShares Russell 1000 ETF has a 1 year low of $224.41 and a 1 year high of $309.61.

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.