QRG Capital Management Inc. Buys 31,323 Shares of iShares Russell 1000 ETF $IWB

QRG Capital Management Inc. lifted its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 285.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,295 shares of the company’s stock after purchasing an additional 31,323 shares during the quarter. QRG Capital Management Inc.’s holdings in iShares Russell 1000 ETF were worth $15,795,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in IWB. Focus Partners Wealth boosted its position in iShares Russell 1000 ETF by 86.1% during the 3rd quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock worth $635,852,000 after buying an additional 805,083 shares during the period. Bank of America Corp DE boosted its position in iShares Russell 1000 ETF by 14.9% during the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after buying an additional 616,717 shares during the period. Allstate Corp boosted its position in iShares Russell 1000 ETF by 1,077.8% during the 3rd quarter. Allstate Corp now owns 478,415 shares of the company’s stock worth $174,851,000 after buying an additional 437,794 shares during the period. Jones Financial Companies Lllp boosted its position in iShares Russell 1000 ETF by 3.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 11,256,502 shares of the company’s stock worth $4,092,759,000 after buying an additional 427,736 shares during the period. Finally, CIBC Bancorp USA Inc. acquired a new stake in iShares Russell 1000 ETF during the 3rd quarter worth approximately $133,604,000.

iShares Russell 1000 ETF Price Performance

NYSEARCA:IWB opened at $392.39 on Tuesday. The firm’s 50 day simple moving average is $371.95 and its 200 day simple moving average is $373.14. iShares Russell 1000 ETF has a one year low of $305.56 and a one year high of $396.11. The company has a market cap of $46.16 billion, a PE ratio of 24.71 and a beta of 1.00.

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.