Paladin Partners LLC grew its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB – Free Report) by 9.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 52,825 shares of the company’s stock after acquiring an additional 4,600 shares during the quarter. iShares Russell 1000 ETF accounts for approximately 13.6% of Paladin Partners LLC’s investment portfolio, making the stock its biggest position. Paladin Partners LLC’s holdings in iShares Russell 1000 ETF were worth $18,835,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of IWB. Bank of America Corp DE raised its position 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 buying an additional 616,717 shares in the last quarter. Allstate Corp grew its position in iShares Russell 1000 ETF by 125.4% during the fourth quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock worth $402,632,000 after buying an additional 599,755 shares in the last quarter. Fifth Third Bancorp grew its position in iShares Russell 1000 ETF by 145.7% during the first quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock worth $303,069,000 after buying an additional 504,045 shares in the last quarter. Millennium Management LLC bought a new position in iShares Russell 1000 ETF during the 4th quarter worth $169,963,000. Finally, Orion Porfolio Solutions LLC increased its stake in iShares Russell 1000 ETF by 506.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 302,116 shares of the company’s stock worth $102,590,000 after acquiring an additional 252,307 shares during the period.
iShares Russell 1000 ETF Price Performance
Shares of NYSEARCA IWB opened at $408.38 on Monday. The business has a fifty day moving average price of $407.56 and a two-hundred day moving average price of $388.61. The stock has a market capitalization of $48.21 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a fifty-two week low of $340.11 and a fifty-two 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.
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