Maryland State Retirement & Pension System increased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 12.3% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 18,174 shares of the company’s stock after purchasing an additional 1,992 shares during the period. Maryland State Retirement & Pension System’s holdings in iShares Russell 1000 ETF were worth $6,480,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in IWB. Bank of America Corp DE increased its position in shares of 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 buying an additional 616,717 shares during the period. Allstate Corp boosted its position in shares of iShares Russell 1000 ETF by 125.4% in the fourth quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock valued at $402,632,000 after acquiring an additional 599,755 shares during the period. Fifth Third Bancorp grew its stake in iShares Russell 1000 ETF by 145.7% during the first quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock valued at $303,069,000 after acquiring an additional 504,045 shares in the last quarter. Millennium Management LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter valued at approximately $169,963,000. Finally, CIBC Bancorp USA Inc. purchased a new position in iShares Russell 1000 ETF during the third quarter valued at approximately $133,604,000.
iShares Russell 1000 ETF Trading Up 0.3%
iShares Russell 1000 ETF stock opened at $412.74 on Thursday. iShares Russell 1000 ETF has a 1-year low of $339.54 and a 1-year high of $415.11. The firm has a market capitalization of $48.74 billion, a PE ratio of 24.71 and a beta of 1.00. The firm’s 50 day simple moving average is $406.89 and its 200 day simple moving average is $386.17.
iShares Russell 1000 ETF Company 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.
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