M&T Bank Corp lessened its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 1.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,108,511 shares of the company’s stock after selling 52,761 shares during the period. iShares Russell 1000 ETF comprises 3.2% of M&T Bank Corp’s portfolio, making the stock its 5th largest position. M&T Bank Corp’s holdings in iShares Russell 1000 ETF were worth $977,285,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Chevy Chase Trust Holdings LLC acquired a new position in iShares Russell 1000 ETF in the second quarter worth $417,000. Concourse Financial Group Securities Inc. raised its stake in iShares Russell 1000 ETF by 219.2% during the second quarter. Concourse Financial Group Securities Inc. now owns 632 shares of the company’s stock worth $188,000 after acquiring an additional 434 shares during the period. McAdam LLC raised its stake in iShares Russell 1000 ETF by 12.9% during the second quarter. McAdam LLC now owns 1,150 shares of the company’s stock worth $342,000 after acquiring an additional 131 shares during the period. Fullcircle Wealth LLC bought a new position in iShares Russell 1000 ETF in the second quarter worth about $207,000. Finally, Levy Wealth Management Group LLC boosted its stake in iShares Russell 1000 ETF by 50.5% in the second quarter. Levy Wealth Management Group LLC now owns 2,212 shares of the company’s stock valued at $658,000 after acquiring an additional 742 shares during the period.
iShares Russell 1000 ETF Trading Up 1.1 %
Shares of iShares Russell 1000 ETF stock opened at $324.95 on Friday. The stock has a market capitalization of $39.89 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $257.07 and a twelve month high of $336.18. The business’s 50 day simple moving average is $325.57 and its 200-day simple moving average is $310.51.
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.
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