Allstate Corp cut its stake in iShares Russell 1000 Index (NYSEARCA:IWB) by 18.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,504,863 shares of the company’s stock after selling 329,752 shares during the quarter. iShares Russell 1000 Index comprises about 10.8% of Allstate Corp’s holdings, making the stock its 4th largest position. Allstate Corp’s holdings in iShares Russell 1000 Index were worth $228,709,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Well Done LLC purchased a new position in shares of iShares Russell 1000 Index in the first quarter valued at $110,000. Massmutual Trust Co. FSB ADV purchased a new position in shares of iShares Russell 1000 Index in the first quarter valued at $111,000. Squar Milner Financial Services LLC purchased a new position in shares of iShares Russell 1000 Index in the second quarter valued at $125,000. Cornerstone Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Index in the second quarter valued at $130,000. Finally, Ballew Advisors Inc purchased a new position in shares of iShares Russell 1000 Index in the first quarter valued at $135,000.

Shares of NYSEARCA IWB opened at $161.65 on Wednesday. iShares Russell 1000 Index has a fifty-two week low of $136.24 and a fifty-two week high of $162.63.

About iShares Russell 1000 Index

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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Institutional Ownership by Quarter for iShares Russell 1000 Index (NYSEARCA:IWB)

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