iShares Russell 1000 ETF $IWB Shares Purchased by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI boosted its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,376 shares of the company’s stock after buying an additional 248 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares Russell 1000 ETF were worth $3,863,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in IWB. Brighton Jones LLC increased its position in iShares Russell 1000 ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock worth $58,807,000 after buying an additional 6,006 shares during the period. Revolve Wealth Partners LLC increased its position in iShares Russell 1000 ETF by 56.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock worth $486,000 after buying an additional 542 shares during the period. GAMMA Investing LLC increased its position in iShares Russell 1000 ETF by 30,586.1% in the first quarter. GAMMA Investing LLC now owns 138,701 shares of the company’s stock worth $42,545,000 after buying an additional 138,249 shares during the period. Rhumbline Advisers increased its position in iShares Russell 1000 ETF by 22.3% in the first quarter. Rhumbline Advisers now owns 90,573 shares of the company’s stock worth $27,782,000 after buying an additional 16,545 shares during the period. Finally, NBC Securities Inc. acquired a new stake in iShares Russell 1000 ETF in the first quarter worth $260,000.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB opened at $366.87 on Thursday. iShares Russell 1000 ETF has a 1-year low of $264.17 and a 1-year high of $367.36. The business’s fifty day moving average price is $355.38 and its two-hundred day moving average price is $330.96. The firm has a market capitalization of $44.70 billion, a PE ratio of 24.71 and a beta of 1.01.

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.