Donald Smith & CO. Inc. Takes $3.15 Million Position in iShares Russell 1000 ETF $IWB

Donald Smith & CO. Inc. bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,000 shares of the company’s stock, valued at approximately $3,152,000.

A number of other institutional investors have also modified their holdings of IWB. Bank of America Corp DE grew 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 purchasing an additional 616,717 shares during the last quarter. Allstate Corp raised its holdings 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 during the last quarter. Fifth Third Bancorp raised its holdings in shares of iShares Russell 1000 ETF by 145.7% in the first quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock valued at $303,069,000 after buying an additional 504,045 shares during the last quarter. Millennium Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth about $169,963,000. Finally, Orion Porfolio Solutions LLC boosted its stake in shares of 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 worth $102,590,000 after buying an additional 252,307 shares during the period.

iShares Russell 1000 ETF Stock Up 0.4%

NYSEARCA IWB opened at $419.69 on Friday. iShares Russell 1000 ETF has a 52-week low of $345.21 and a 52-week high of $426.92. The business’s 50-day moving average price is $411.64 and its 200 day moving average price is $393.04. The firm has a market cap of $49.61 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.