Hsbc Holdings PLC Boosts Holdings in iShares Russell 1000 ETF $IWB

Hsbc Holdings PLC raised its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 322,356 shares of the company’s stock after purchasing an additional 7,814 shares during the quarter. Hsbc Holdings PLC owned 0.26% of iShares Russell 1000 ETF worth $120,381,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. REAP Financial Group LLC bought a new stake in shares of iShares Russell 1000 ETF in the 4th quarter worth $28,000. Advocate Investing Services LLC purchased a new stake in iShares Russell 1000 ETF during the 4th quarter valued at $31,000. Optima Capital LLC bought a new position in iShares Russell 1000 ETF in the fourth quarter valued at about $32,000. True Wealth Design LLC purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth approximately $32,000. Finally, Allspring Global Investments Holdings LLC grew its position in shares of iShares Russell 1000 ETF by 78.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock valued at $43,000 after acquiring an additional 51 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA:IWB opened at $408.41 on Monday. The stock has a 50 day moving average of $399.20 and a 200 day moving average of $381.92. The company has a market cap of $48.05 billion, a PE ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 12-month low of $325.31 and a 12-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.