Corundum Group Inc. grew its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 21.9% in the first quarter, HoldingsChannel reports. The fund owned 10,723 shares of the company’s stock after buying an additional 1,925 shares during the period. iShares Russell 1000 ETF makes up about 1.3% of Corundum Group Inc.’s portfolio, making the stock its 17th largest holding. Corundum Group Inc.’s holdings in iShares Russell 1000 ETF were worth $3,823,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of America Corp DE increased its holdings in shares of iShares Russell 1000 ETF by 14.9% during 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 period. Focus Partners Wealth raised its stake in shares of iShares Russell 1000 ETF by 12.4% during the fourth quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock valued at $730,139,000 after purchasing an additional 215,456 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Russell 1000 ETF by 1.6% in the fourth quarter. JPMorgan Chase & Co. now owns 1,342,895 shares of the company’s stock worth $501,491,000 after purchasing an additional 21,540 shares during the period. BOKF NA lifted its holdings in iShares Russell 1000 ETF by 1.3% in the fourth quarter. BOKF NA now owns 1,297,149 shares of the company’s stock worth $484,407,000 after purchasing an additional 17,096 shares during the period. Finally, Allstate Corp grew its position in iShares Russell 1000 ETF by 125.4% in the 4th quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock valued at $402,632,000 after buying an additional 599,755 shares in the last quarter.
iShares Russell 1000 ETF Trading Down 0.0%
iShares Russell 1000 ETF stock opened at $401.47 on Thursday. The stock has a market cap of $47.23 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The company’s 50-day moving average price is $400.99 and its two-hundred day moving average price is $382.53. iShares Russell 1000 ETF has a 52 week low of $332.73 and a 52 week 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.
Recommended Stories
- Five stocks we like better than iShares Russell 1000 ETF
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
Want to see what other hedge funds are holding IWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report).
Receive News & Ratings for iShares Russell 1000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
