QRG Capital Management Inc. Has $7.73 Million Holdings in iShares Russell 1000 ETF $IWB

QRG Capital Management Inc. decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 48.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 21,668 shares of the company’s stock after selling 20,627 shares during the quarter. QRG Capital Management Inc.’s holdings in iShares Russell 1000 ETF were worth $7,726,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Focus Partners Wealth raised its stake in iShares Russell 1000 ETF by 86.1% in the 3rd quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock valued at $635,852,000 after acquiring an additional 805,083 shares during the period. Bank of America Corp DE increased its holdings in shares of 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 during the last quarter. 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 purchasing an additional 599,755 shares during the period. Millennium Management LLC bought a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at about $169,963,000. Finally, CIBC Bancorp USA Inc. acquired a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth about $133,604,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $408.75 on Friday. The stock has a market cap of $48.27 billion, a PE ratio of 24.71 and a beta of 1.00. The firm has a 50-day moving average of $403.85 and a 200-day moving average of $383.99. iShares Russell 1000 ETF has a 52-week low of $339.54 and a 52-week high of $415.11.

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.