iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Bought by M&T Bank Corp

M&T Bank Corp boosted its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Get Rating) by 5.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,517,723 shares of the company’s stock after acquiring an additional 126,684 shares during the quarter. iShares Russell 1000 ETF comprises 2.2% of M&T Bank Corp’s investment portfolio, making the stock its 5th biggest holding. M&T Bank Corp owned 1.93% of iShares Russell 1000 ETF worth $496,823,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of IWB. Advisors Capital Management LLC grew its position in shares of iShares Russell 1000 ETF by 13.8% in the third quarter. Advisors Capital Management LLC now owns 1,253 shares of the company’s stock valued at $273,000 after purchasing an additional 152 shares during the period. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 0.5% during the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 12,959 shares of the company’s stock worth $2,555,000 after purchasing an additional 70 shares in the last quarter. Glenmede Trust Co. NA lifted its stake in shares of iShares Russell 1000 ETF by 0.9% in the third quarter. Glenmede Trust Co. NA now owns 50,401 shares of the company’s stock worth $9,944,000 after acquiring an additional 450 shares in the last quarter. Almanack Investment Partners LLC. lifted its stake in shares of iShares Russell 1000 ETF by 100.0% in the third quarter. Almanack Investment Partners LLC. now owns 6,946 shares of the company’s stock worth $1,371,000 after acquiring an additional 3,473 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its stake in shares of iShares Russell 1000 ETF by 1.2% in the third quarter. Baird Financial Group Inc. now owns 263,857 shares of the company’s stock worth $52,067,000 after acquiring an additional 3,221 shares in the last quarter.

iShares Russell 1000 ETF Trading Down 0.7 %

NYSEARCA:IWB opened at $214.15 on Thursday. The firm has a market capitalization of $27.03 billion, a PE ratio of 17.92 and a beta of 1.01. The stock has a 50 day moving average of $220.93 and a 200-day moving average of $215.27. iShares Russell 1000 ETF has a 52 week low of $192.01 and a 52 week high of $256.17.

About iShares Russell 1000 ETF

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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.