Chevy Chase Trust Holdings LLC Raises Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Chevy Chase Trust Holdings LLC grew its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1,161.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,408 shares of the company’s stock after buying an additional 8,662 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in iShares Russell 1000 ETF were worth $3,031,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Winch Advisory Services LLC bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth about $30,000. Clarkston Capital Partners LLC bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth about $32,000. Archer Investment Corp bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth about $37,000. Crews Bank & Trust bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at about $37,000. Finally, Golden State Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the 4th quarter valued at about $37,000.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $336.91 on Wednesday. iShares Russell 1000 ETF has a 1-year low of $271.54 and a 1-year high of $336.97. The company has a 50-day moving average of $329.38 and a 200 day moving average of $319.37. The firm has a market capitalization of $41.36 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

iShares Russell 1000 ETF 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.