Fifth Third Bancorp Has $128.40 Million Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Fifth Third Bancorp lowered its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 398,558 shares of the company’s stock after selling 7,873 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Russell 1000 ETF were worth $128,399,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in IWB. Etesian Wealth Advisors Inc. raised its holdings in iShares Russell 1000 ETF by 32.0% in the 3rd quarter. Etesian Wealth Advisors Inc. now owns 1,241 shares of the company’s stock worth $390,000 after acquiring an additional 301 shares during the period. Mechanics Bank Trust Department bought a new position in shares of iShares Russell 1000 ETF in the third quarter worth about $597,000. Morton Capital Management LLC CA lifted its position in shares of iShares Russell 1000 ETF by 0.9% during the 3rd quarter. Morton Capital Management LLC CA now owns 5,065 shares of the company’s stock worth $1,592,000 after purchasing an additional 43 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at approximately $51,000. Finally, First Citizens Bank & Trust Co. grew its holdings in iShares Russell 1000 ETF by 125.2% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 11,686 shares of the company’s stock valued at $3,674,000 after buying an additional 6,497 shares during the last quarter.

iShares Russell 1000 ETF Trading Down 0.2 %

IWB opened at $335.17 on Friday. The business has a 50 day moving average of $328.36 and a 200-day moving average of $315.46. The stock has a market capitalization of $41.14 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1-year low of $265.70 and a 1-year high of $336.61.

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.