M&T Bank Corp Reduces Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

M&T Bank Corp lowered its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.8% during the 4th quarter, Holdings Channel reports. The firm owned 3,083,704 shares of the company’s stock after selling 24,807 shares during the period. iShares Russell 1000 ETF makes up about 3.3% of M&T Bank Corp’s investment portfolio, making the stock its 5th largest holding. M&T Bank Corp’s holdings in iShares Russell 1000 ETF were worth $993,446,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Clarkston Capital Partners LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $32,000. Archer Investment Corp bought a new position in iShares Russell 1000 ETF during the third quarter valued at $37,000. Crews Bank & Trust purchased a new stake in iShares Russell 1000 ETF in the fourth quarter worth $37,000. Golden State Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at $37,000. Finally, Centricity Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth $39,000.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $316.67 on Wednesday. The firm has a market cap of $37.59 billion, a P/E ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a fifty-two week low of $271.54 and a fifty-two week high of $337.76. The business has a 50-day moving average of $329.00 and a 200 day moving average of $322.08.

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.