Hsbc Holdings PLC increased its stake in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 1.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 325,497 shares of the company’s stock after buying an additional 3,141 shares during the quarter. Hsbc Holdings PLC owned about 0.28% of iShares Russell 1000 ETF worth $116,059,000 as of its most recent filing with the SEC.
Other hedge funds have also modified their holdings of the company. REAP Financial Group LLC acquired a new stake in iShares Russell 1000 ETF in the fourth quarter valued at approximately $28,000. Sound Income Strategies LLC acquired a new position in shares of iShares Russell 1000 ETF during the first quarter worth $28,000. Advocate Investing Services LLC acquired a new position in shares of iShares Russell 1000 ETF during the fourth quarter worth $31,000. True Wealth Design LLC purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at $32,000. Finally, Optima Capital LLC purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at $32,000.
iShares Russell 1000 ETF Trading Down 1.0%
IWB opened at $406.71 on Friday. The company has a fifty day simple moving average of $407.20 and a 200 day simple moving average of $386.55. The firm has a market cap of $48.03 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a twelve month low of $340.11 and a twelve month high of $415.11.
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.
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