One Capital Management LLC increased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 392.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,820 shares of the company’s stock after acquiring an additional 2,247 shares during the quarter. One Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $1,053,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of IWB. Focus Partners Wealth boosted its position in shares of iShares Russell 1000 ETF by 86.1% during the third quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock worth $635,852,000 after acquiring an additional 805,083 shares during the last quarter. Bank of America Corp DE raised its stake in iShares Russell 1000 ETF by 14.9% during the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after purchasing an additional 616,717 shares in the last quarter. Allstate Corp raised its stake in iShares Russell 1000 ETF by 125.4% during the fourth quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock valued at $402,632,000 after purchasing an additional 599,755 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in iShares Russell 1000 ETF during the third quarter valued at $133,604,000. Finally, Orion Porfolio Solutions LLC raised its stake in iShares Russell 1000 ETF by 506.5% during the second quarter. Orion Porfolio Solutions LLC now owns 302,116 shares of the company’s stock valued at $102,590,000 after purchasing an additional 252,307 shares in the last quarter.
iShares Russell 1000 ETF Stock Down 0.7%
iShares Russell 1000 ETF stock opened at $411.83 on Thursday. The company has a market cap of $48.45 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The firm’s fifty day moving average is $387.69 and its 200 day moving average is $378.61. iShares Russell 1000 ETF has a 52-week low of $325.09 and a 52-week high of $415.11.
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.
Featured Articles
- Five stocks we like better than iShares Russell 1000 ETF
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
- Palo Alto Networks Accelerates Growth 31% on AI Demand
Receive News & Ratings for iShares Russell 1000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
