Park Avenue Securities LLC Increases Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Park Avenue Securities LLC lifted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 35.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,413 shares of the company’s stock after purchasing an additional 4,855 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares Russell 1000 ETF were worth $5,648,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Redwood Park Advisors LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $27,000. Millstone Evans Group LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $29,000. Fourth Dimension Wealth LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $36,000. Golden State Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $37,000. Finally, Centricity Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $39,000.

iShares Russell 1000 ETF Stock Up 1.0%

Shares of iShares Russell 1000 ETF stock opened at $329.47 on Monday. The firm has a market capitalization of $40.18 billion, a P/E ratio of 24.42 and a beta of 1.02. The company has a 50 day moving average price of $307.17 and a 200 day moving average price of $319.08. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $337.76.

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.