Hsbc Holdings PLC Has $120.38 Million Holdings in iShares Russell 1000 ETF $IWB

Hsbc Holdings PLC increased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 322,356 shares of the company’s stock after purchasing an additional 7,814 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares Russell 1000 ETF were worth $120,381,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of IWB. Bank of America Corp DE boosted its holdings in iShares Russell 1000 ETF by 14.9% in the 2nd 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 during the period. Focus Partners Wealth increased its holdings in shares of iShares Russell 1000 ETF by 12.4% during the fourth quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock worth $730,139,000 after purchasing an additional 215,456 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of iShares Russell 1000 ETF by 1.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,342,895 shares of the company’s stock worth $501,491,000 after purchasing an additional 21,540 shares during the period. BOKF NA raised its position in shares of iShares Russell 1000 ETF by 1.3% in the fourth quarter. BOKF NA now owns 1,297,149 shares of the company’s stock valued at $484,407,000 after buying an additional 17,096 shares in the last quarter. Finally, Allstate Corp raised 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 buying an additional 599,755 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $408.75 on Friday. The stock has a market cap of $48.09 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1 year low of $339.54 and a 1 year high of $415.11. The stock has a 50 day simple moving average of $403.85 and a 200 day simple moving average of $383.99.

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.