iShares Russell 1000 ETF $IWB Shares Acquired by Allstate Corp

Allstate Corp raised its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 125.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,078,170 shares of the company’s stock after purchasing an additional 599,755 shares during the quarter. iShares Russell 1000 ETF makes up 5.5% of Allstate Corp’s holdings, making the stock its 2nd biggest position. Allstate Corp’s holdings in iShares Russell 1000 ETF were worth $402,632,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Lansing Street Advisors lifted its holdings in iShares Russell 1000 ETF by 0.3% during the 3rd quarter. Lansing Street Advisors now owns 10,256 shares of the company’s stock valued at $3,748,000 after purchasing an additional 27 shares during the last quarter. Optivise Advisory Services LLC lifted its holdings in shares of iShares Russell 1000 ETF by 0.6% during the fourth quarter. Optivise Advisory Services LLC now owns 4,432 shares of the company’s stock worth $1,655,000 after buying an additional 27 shares in the last quarter. Oak Harbor Wealth Partners LLC lifted its holdings in shares of iShares Russell 1000 ETF by 15.2% during the fourth quarter. Oak Harbor Wealth Partners LLC now owns 205 shares of the company’s stock worth $77,000 after buying an additional 27 shares in the last quarter. Waterfront Wealth Inc. lifted its holdings in shares of iShares Russell 1000 ETF by 0.9% during the fourth quarter. Waterfront Wealth Inc. now owns 3,095 shares of the company’s stock worth $1,175,000 after buying an additional 29 shares in the last quarter. Finally, Flagship Private Wealth LLC lifted its holdings in shares of iShares Russell 1000 ETF by 2.1% during the fourth quarter. Flagship Private Wealth LLC now owns 1,396 shares of the company’s stock worth $521,000 after buying an additional 29 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB opened at $406.63 on Tuesday. iShares Russell 1000 ETF has a fifty-two week low of $316.35 and a fifty-two week high of $408.44. The company has a market capitalization of $47.84 billion, a P/E ratio of 24.71 and a beta of 1.00. The stock has a fifty day moving average of $380.65 and a 200-day moving average of $376.58.

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.