Donald Smith & CO. Inc. Acquires Shares of 13,000 iShares Russell 1000 ETF $IWB

Donald Smith & CO. Inc. acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 13,000 shares of the company’s stock, valued at approximately $3,152,000.

Other hedge funds also recently made changes to their positions in the company. Notis McConarty Edward acquired a new position in shares of iShares Russell 1000 ETF during the second quarter worth about $649,000. Somerville Kurt F acquired a new stake in iShares Russell 1000 ETF in the second quarter valued at about $246,000. Trust Co. of Vermont acquired a new stake in iShares Russell 1000 ETF in the second quarter valued at about $285,000. Accel Wealth Management purchased a new stake in iShares Russell 1000 ETF in the 2nd quarter valued at approximately $294,000. Finally, Financial Management Professionals Inc. boosted its holdings in iShares Russell 1000 ETF by 18.0% in the 2nd quarter. Financial Management Professionals Inc. now owns 137,398 shares of the company’s stock valued at $56,264,000 after purchasing an additional 20,974 shares in the last quarter.

iShares Russell 1000 ETF Trading Up 0.4%

NYSEARCA IWB opened at $419.69 on Friday. The business’s 50 day moving average is $411.64 and its two-hundred day moving average is $393.04. iShares Russell 1000 ETF has a 12-month low of $345.21 and a 12-month high of $426.92. The stock has a market capitalization of $49.61 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.