iShares Russell 1000 ETF (NYSEARCA:IWB) Stake Trimmed by Fifth Third Bancorp

Fifth Third Bancorp cut its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 398,558 shares of the company’s stock after selling 7,873 shares during the quarter. Fifth Third Bancorp owned 0.32% of iShares Russell 1000 ETF worth $128,399,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IWB. Renaissance Technologies LLC purchased a new position in shares of iShares Russell 1000 ETF during the second quarter valued at $6,219,000. XTX Topco Ltd acquired a new position in iShares Russell 1000 ETF in the 2nd quarter valued at approximately $303,000. Marshall Wace LLP purchased a new stake in iShares Russell 1000 ETF in the 2nd quarter worth approximately $2,556,000. Squarepoint Ops LLC purchased a new stake in iShares Russell 1000 ETF in the 2nd quarter worth approximately $2,639,000. Finally, AQR Capital Management LLC boosted its stake in shares of iShares Russell 1000 ETF by 17.6% during the 2nd quarter. AQR Capital Management LLC now owns 9,798 shares of the company’s stock valued at $2,915,000 after buying an additional 1,463 shares during the period.

iShares Russell 1000 ETF Stock Down 0.2 %

iShares Russell 1000 ETF stock opened at $335.17 on Friday. iShares Russell 1000 ETF has a 12 month low of $265.70 and a 12 month high of $336.61. The company’s fifty day simple moving average is $328.36 and its 200-day simple moving average is $315.46. The stock has a market cap of $41.14 billion, a P/E ratio of 24.68 and a beta of 1.01.

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.