London Co. of Virginia boosted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 2,571.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,455 shares of the company’s stock after purchasing an additional 29,315 shares during the quarter. London Co. of Virginia’s holdings in iShares Russell 1000 ETF were worth $11,373,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also bought and sold shares of IWB. Focus Partners Wealth raised its stake in iShares Russell 1000 ETF by 86.1% in the third quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock valued at $635,852,000 after purchasing an additional 805,083 shares in the last quarter. Bank of America Corp DE raised its stake in iShares Russell 1000 ETF by 14.9% in 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% in 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 in the third quarter valued at approximately $133,604,000. Finally, Orion Porfolio Solutions LLC raised its stake in iShares Russell 1000 ETF by 506.5% in 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 Performance
Shares of IWB opened at $409.23 on Wednesday. The firm has a market cap of $48.15 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a fifty-two week low of $325.31 and a fifty-two week high of $415.11. The firm has a 50 day moving average price of $396.66 and a 200-day moving average price of $381.20.
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.
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